Who Pays the Costs of Creating a Sponsored ADR

question 23

Multiple Choice

Who pays the costs of creating a sponsored ADR?

• A) the foreign firm whose stocks underlie the ADR
• B) the U.S. bank creating the ADR
• C) both the U.S. bank and the foreign firm
• D) the SEC since they require the regulation

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Definitions:

Authentic

The quality of being genuine, true to oneself, and transparent in one’s interactions and existence.

Existential Therapies

A category of psychotherapeutic approaches that focus on individual free will, self-determination, and the search for meaning within the human experience.

Responsibility

Being in a position where you have obligations to manage a situation or govern over an individual.

Reality Therapy

A form of therapy focusing on personal responsibility and focusing on the present rather than the past to solve current problems.