Series 10 Exam Question 6: Answer and Explanation

Question: 6

Which of the following is NOT a reason to reject delivery?

• A. The signatures are not guaranteed.
• B. The customer has determined that the investment is unsuitable.
• C. The certificate is unclear.
• D. A bond is missing a coupon.

Correct Answer: B

Explanation:

A customer who purchases a security and decides that it is unsuitable is not a reason to reject delivery.