Multiple Choice
Which of the following is NOT an advantage of ADRs to U.S. shareholders?
A) Transfer of ownership is done in the U.S. in accordance with U.S. laws.
B) In the event of the death of the shareholder, the estate does not go through a foreign court.
C) Settlement for trading is generally faster in the United States.
D) All of the above are advantages of ADRs.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Level III ADR commitment applies to:<br>A) firms
Q33: A _ is a bond underwritten by
Q34: ADRs cannot be exchanged for the underlying
Q35: TropiKana Inc., a U.S firm, has just
Q36: TropiKana Inc., a U.S firm, has just
Q38: Sourcing capital abroad usually follows a logic
Q39: In addition to gaining liquidity, which of
Q40: TropiKana Inc., a U.S firm, has just
Q41: Depositary Receipts intra-market trades account for more
Q42: Financial theory has at last provided us