ADRs That Are Created at the Request of a Foreign

question 67

Multiple Choice

ADRs that are created at the request of a foreign firm wanting its shares traded in the United States are ________.

• A)facilitated
• B)unfacilitated
• C)sponsored
• D)unsponsored

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Definitions:

Self-restraint

The ability to control one's impulses, emotions, or desires, especially in difficult or tempting situations.

Anonymity

The state of being anonymous, where an individual's identity is unknown.

Groupthink

A phenomenon that occurs within a group of people, in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.

Space Shuttle Challenger

A NASA space shuttle that tragically broke apart shortly after its launch in 1986, leading to the deaths of all seven crew members and prompting major changes in the space agency's operations.