Question

What is emphasized by the issuance of depository receipts (DRs) by a company?

a.

Strict government regulations

b.

Recognition of corporate entity and activities

c.

Currency restrictions

d.

Limitations in holding foreign securities

Answer: (b).Recognition of corporate entity and activities Explanation:The issuance of DRs emphasizes the recognition of the company's corporate entity and activities.

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Q. What is emphasized by the issuance of depository receipts (DRs) by a company?

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