Which of the following rights does an ADR holder not have?
A.
preemptive rights
B.
the right to vote for your mother-in-law as a board member
C.
the right to transfer ownership
D.
the right to see financial statements
The Answer Is:
A
This question includes an explanation.
Explanation:
preemptive rights. Holders of ADRs do not have preemptive rights, although they have most other rights of shareholders, including the right to vote for board members-even a mother-in-law
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