Business Studies

American Depository Receipt (ADR) is a certified negotiable instrument issued by an American bank suggesting the number of shares of a foreign company that can be traded in U.S. financial markets.


ANSWER

True


SOLUTION
American Depository Receipt (ADR) is a certified negotiable instrument issued by an American bank suggesting the number of shares of a foreign company that can be traded in U.S. financial markets- this is a true statement. Common types of ADR are: mediation, concilation, arbitration.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


TRUE/FALSE Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 204
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Debentures are an important instrument for raising _______ term debt capital.
  • A. short
  • B. long
  • C. medium
  • D. none of the above

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Which of the following is most appropriate beginning for a fund raising press release?
  • A. Asking for cheques towards payment
  • B. Inviting for money
  • C. Explaining the purpose
  • D. None of the above

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
In each bank, within a credit-rating scale, borrowers are classified into _____________________.
  • A. Excellent, Good and Average
  • B. Below Average or Unsatisfactory
  • C. Excellent and Below Average
  • D. Both (a) and (b)

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Cost of public deposits is generally _______ than the cost of borrowings from banks and financial institutions.
  • A. Higher
  • B. Lower
  • C. Equal
  • D. None of the above

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 TRUE/FALSE Medium
Short-term planning covers short-term financial plan called budget.
  • A. True
  • B. False

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer