Chapter 5 IBL

Which of the following is true of closed sectors?

Acquisition by a state of property previously held by private persons or companies, usually in exchange for some consideration is called ________.

Which of the following is true of bonded warehouses?

The parts of a state's economy that are not fully open to foreign investors are called ________.

A(n) ________ is a contractual obligation of a company to repay the holder the amount of his or her original investment plus interest at a specified future date.

The largest free zones are called ________.

________ promise foreign investors that the host government will not change its tax, foreign exchange, or other legal régime for a certain period of time, or that changes subsequent to the establishment of an enterprise will not affect that enterprise.

A ________ is a share in the ownership of a company that entitles its owner to rights in the company, including a proportionate part of the dividends and, upon liquidation, of the capital assets.

A(n) ________ is someone who buys in good faith, pays value, and is unaware that the transferor is not the rightful owner.

A(n) ________ is a special-purpose free zone associated with, but physically apart from, a free trade zone, in which limited-purpose trading activities are carried on.

A ________ is a negotiable instrument issued by a bank that represents a foreign company's publicly traded securities and that, in turn, is traded on a local securities exchange.

________ is a procedure by which a buyer turns over the purchase price and the seller turns over the securities in a securities transaction.

Which of the following terms refers to the assurance of a host state government that foreign investors will be able to take out of the state both the investment capital they brought in and the profits they earned?

Which of the following is true regarding an uncertificated security?

The parts of a state's economy in which foreigners are encouraged to invest are called ________.

Which of the following is true of a certificated security?

________ is the use of material nonpublic information about a company or the securities market to buy or sell securities for personal gain.

A free zone located within or near a port city is called a(n) ________.

Which of the following terms refers to the assurance of a host government that foreign investors will be treated the same way as local investors?

A(n) ________ is a person, such as a corporate officer, director, or majority shareholder, who has access to material nonpublic information about a company or the securities market.