Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. . which statement is correct? a) adrs are securi

. Which statement is CORRECT? a) ADRs are securities traded in the US...

90.2K

Verified Solution

Question

Finance

. Which statement is CORRECT?

a) ADRs are securities traded in the US that represent ownership of foreign companies

b) Foreign bonds are denominated in a currency other than the domestic currency where it is issued.

c) The debt of a subsidiary is always guaranteed by the parent

d) Multinational companies should allow their foreign subsidiaries to act independently of each other.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

I ve the equation f x g x using the graph given 10 6 12...

Biology
1.2K views

Draw one water molecule with 4 hydrogen bonds to 4 other water molecules. Indicating partial positive...

Biology
1.2K views

You want to search for latent prints on a styrofoam cup. What type of fingerprint...

Physics
1.2K views

1 kg of gaseous CO2 contained in a closed system undergoes a reversible process at...

Basic Math
1.2K views

a inve A PIL ater company charges homeowners based on how much water se in...

Statistics
1.2K views

If n 11 a 37 and s 4 construct a confidence interval at a 80...

Accounting
1.2K views

Problem 3.2 Allocation of Earnings and Profits Timing of Earnings and Profits On...

Accounting
1.2K views

Acc management & cost Thk you so much to solve this question. Take care &...

Accounting
1.2K views

Find both the exact and ordinary interest on $35,500 at 1141% for 142 days. Then...

Accounting
1.2K views

Kenworth Company uses a job-order costing system. Only three jobs-Job 105, Job 106, and Job...

Accounting
1.2K views

! Required Information Problem 9-1A (Algo) Short-term notes payable transactions and entries LO P1 [The...

Accounting
1.2K views

2 round and answer both parts Ray and Rachel are...