The decision of a company to have a transfer agent handle the exchange of shares is related primarily to which functional responsibility?

A) Custody.
B) Record-keeping.
C) Authorization.
D) Periodic reconciliation.


A) Custody.

Business

You might also like to view...

Describe the internal business perspective of the balanced scorecard and provide an example of a critical success factor for this perspective

Business

Cultures with a long-term orientation value:

A. value saving B. thrift C. All options are correct D. future goals E. individual achievement

Business

Section 7 of the Clayton Act tries to prevent potentially anticompetitive mergers before they

occur. Indicate whether the statement is true or false

Business

________ refers to an equitable doctrine that permits the court to rewrite a contract to express the parties' true intentions.

A. Reformation B. Injunction C. Conjunction D. Garnishment

Business