The Decision of a Company to Have a Transfer Agent

question 39

Multiple Choice

The decision of a company to have a transfer agent handle the exchange of shares is related primarily to which functional responsibility?

• A)Authorization.
• B)Custody.
• C)Record-keeping.
• D)Periodic reconciliation.

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Definitions:

Specified Angle

An angle that is expressly defined or given, often noted in technical drawings or design specifications for construction or manufacturing.

Parallelism

The relationship between two lines or surfaces that are equidistant from each other at all points.

Perpendicularity

A geometric tolerance that specifies the angle between two specified surfaces or features, requiring them to be exactly 90 degrees to each other.

Parallelism

The condition of being parallel; in engineering, the degree to which parts or surfaces are aligned or parallel to each other.