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L17. The Role of Brokers in International Oil Transactions: Responsibilities, Risks and Professional Conduct + Up to 2 Hours of Live Online Learning
L17. The Role of Brokers in International Oil Transactions: Responsibilities, Risks and Professional Conduct + Up to 2 Hours of Live Online Learning
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Lecture 17: The Role of Brokers in International Oil Transactions — Responsibilities, Risks and Professional Conduct
By the end of this lecture, you should be able to:
- Explain the role and position of brokers in international oil transactions.
- Distinguish between brokers, introducers, authorized representatives and transaction managers.
- Assess the risks associated with lengthy intermediary chains and unsupported claims of authority.
- Understand professional conduct, transparency, information protection and commission agreements.
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