An instrument representing ownership interest in securities of a foreign issuer is called ……(a) an ownership certificate (b) a depositary receipt (c) an ownership receipt (d) None of the above

An instrument representing ownership interest in securities of a forei

1.	An instrument representing ownership interest in securities of a foreign issuer is called ……(a) an ownership certificate (b) a depositary receipt (c) an ownership receipt (d) None of the above
Answer» (b) a depositary receipt