Question

In what form can depository receipts be issued, as per the manner and form rules?

a.

Only through public offering

b.

Only through private placement

c.

Only in a manner prevalent abroad

d.

Through public offering, private placement, or any other manner prevalent abroad

Posted under IC 89 Management Accounting

Answer: (d).Through public offering, private placement, or any other manner prevalent abroad Explanation:Depository receipts can be issued through public offering, private placement, or any other manner prevalent abroad, according to the manner and form rules.

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Q. In what form can depository receipts be issued, as per the manner and form rules?
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