问一道题：NO.PZ2016082405000044 [ FRM II ]

NO.PZ2016082405000044 Whiof the following statements regarng counterparty cret risk is most accurate? Counterparty risk is unilateral. Over-the-counter (OTrivatives contain less counterparty risk thexchange-trarivatives because the counterparty is known. The precise future value of the contrais uncertain, but the counterparties are aware of whether the future value will positive or negative. Counterparty risk is typically associatewith counterparty fault prior to the settlement rather thfault ring the settlement process. Counterparty risk is a bilaterrisk in thboth parties are unaware of the eventuvalue of the contraanthey not know whether they will earn a profit or loss. For exchange- trarivatives, the counterparty is the exchange, whieffectively mitigates counterparty risk. While counterparty fault chappen presettlement anring settlement, counterparty risk typically applies to the risk of fault prior to settlement. 请问c错在哪里 难道是要改成都无法确定是+或-

NO.PZ2016082405000044 Whiof the following statements regarng counterparty cret risk is most accurate? Counterparty risk is unilateral. Over-the-counter (OTrivatives contain less counterparty risk thexchange-trarivatives because the counterparty is known. The precise future value of the contrais uncertain, but the counterparties are aware of whether the future value will positive or negative. Counterparty risk is typically associatewith counterparty fault prior to the settlement rather thfault ring the settlement process. Counterparty risk is a bilaterrisk in thboth parties are unaware of the eventuvalue of the contraanthey not know whether they will earn a profit or loss. For exchange- trarivatives, the counterparty is the exchange, whieffectively mitigates counterparty risk. While counterparty fault chappen presettlement anring settlement, counterparty risk typically applies to the risk of fault prior to settlement. 虽然在settlement之前就将有违约的动机、但是这些只是小动机吧，毕竟只是一个趋势还没到结算而已，还有机会翻盘。所以到了最后settlement的时候一笔大亏的马上就要实现，才更会去违约吧。

Whiof the following statements regarng counterparty cret risk is most accurate? Counterparty risk is unilateral. Over-the-counter (OTrivatives contain less counterparty risk thexchange-trarivatives because the counterparty is known. The precise future value of the contrais uncertain, but the counterparties are aware of whether the future value will positive or negative. Counterparty risk is typically associatewith counterparty fault prior to the settlement rather thfault ring the settlement process. Counterparty risk is a bilaterrisk in thboth parties are unaware of the eventuvalue of the contraanthey not know whether they will earn a profit or loss. For exchange- trarivatives, the counterparty is the exchange, whieffectively mitigates counterparty risk. While counterparty fault chappen presettlement anring settlement, counterparty risk typically applies to the risk of fault prior to settlement. 老师，这题B怎么理解？为啥是错的呢？

     怎么理解 Counterparty risk 更多是在settle 之前违约？