Which of the Following Statements Is Not True About American

question 59

Multiple Choice

Which of the following statements is not true about American Depository Receipts (ADRs) ?

• A) all the American shares owned of a foreign company are placed in trust in a New York bank
• B) most ADRs trade in the over-the-counter market
• C) ADR prices tend to move parallel with the prices of the underlying security
• D) most ADRs trade on the New York Stock Exchange

---

Definitions:

Living Conditions

The environmental, social, and economic factors that affect how individuals live, such as housing quality, access to food and healthcare, and community safety.

Clinical Interview

A structured interaction between a clinician and a client used to gather personal, psychological, and medical history for diagnostic and treatment purposes.

Personality Assessment

A procedure or test designed to measure personality attributes, traits, and behaviors to understand or predict an individual's psychological functioning.

Achievement Test

A standardized test designed to measure an individual's level of skill, proficiency, or knowledge in a specific area.