Which of the Following Is NOT an Advantage of ADRs

question 37

Multiple Choice

Which of the following is NOT an advantage of ADRs to U.S. shareholders?

• A) Transfer of ownership is done in the U.S. in accordance with U.S. laws.
• B) In the event of the death of the shareholder, the estate does not go through a foreign court.
• C) Settlement for trading is generally faster in the United States.
• D) All of the above are advantages of ADRs.

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Definitions:

Devil's Food Cake

A moist, airy, rich chocolate cake that is one of the most popular American cake varieties.

Cupcake

A small cake baked in a cup-shaped container and typically decorated with frosting and other toppings.

Cooperative

An organization or business owned and operated by its members, who share the benefits and responsibilities of the enterprise.

Collaborative

Involving two or more parties working together towards a common goal, emphasizing teamwork and partnership.