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When a broker calls “off” at the very instant a dealer “hits” the broker’s price:

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When a broker calls “off” at the very instant a dealer “hits” the broker’s price:

A.

The transaction should be concluded.

B.

The broker decides whether or not the deal is done.

C.

ACI’s Committee for Professionalism will decide whether the transaction should be concluded.

D.

The transaction should not be concluded.

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