Choose the Word or Phrase in [ ] Which Will

question 125

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The securities owned by a mutual fund are in the custody of [the management company | an independent bank].

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Definitions:

Multinational Company

A corporation that operates in several countries, managing production or delivering services in multiple international locations.

Foreign Cultures

Refers to the diverse traditions, languages, ceremonies, expressions, and artifacts of various global communities differing from one's own.

Business Ties

Refers to the relationships and connections between individuals and entities in a professional context, often influencing business decisions and opportunities.

Global Market Share

The portion of the international market that a company controls, often expressed as a percentage of total global sales in its industry.