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An Unsponsored ADR May Be Initiated Without the Approval of the Foreign

question 9

True/False

An unsponsored ADR may be initiated without the approval of the foreign firm with the underlying stock.


Definitions:

Ratio Scales

Measurement scales that have a true zero point and allow for comparisons of absolute magnitude; examples include height, weight, and duration.

Absolute Zero

The point at which there is a complete absence of heat, theoretically the lowest possible temperature, -273.15°C or 0K.

Quantitative Distinctions

Differences or characteristics that can be measured and expressed numerically, often used in research to classify or analyze data.

Measurement Scale

A system for assigning numbers to objects or events according to a set of rules, illustrating quantities or qualities.

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