Question

____________ is a type of Depository Receipt (D

  • R issued by a depositary bank without the explicit involvement or consent of the foreign company whose shares are represented by the DR .  
A Non-participatory Depository Receipts
B Non-convertible Depository Receipts
C Unsecured Depository Receipts
D Unsponsored Depository Receipts
E Unauthorized Depository Receipts
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