A Foreign Bond Issued in Japan and Denominated in Yen

question 13

Multiple Choice

A foreign bond issued in Japan and denominated in yen is called a(n) :

• A) American Depository Receipt.
• B) European Currency Unit.
• C) swap bond.
• D) Samurai bond.
• E) Eurobond.

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Definitions:

Testator's Will

The legal document through which a person (the testator) expresses their wishes as to how their property is to be distributed after death.

Attorney-In-Fact

An agent who is given express, written authorization by his principal to do a particular act or series of acts on behalf of the principal.

Express Authorization

Explicit permission granted by one party to another to perform actions or activities on its behalf.

Principal

In agency law, one under whose direction an agent acts and for whose benefit that agent acts.