Multiple choice general knowledge

The __________ is entitled to all rights and benefits as well as subject to all liabilities in respect of the securities held in the depository.

  1. Beneficial owner

  2. Depository Participant

  3. Depository

  4. Registered owner
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The beneficial owner enjoys all rights and benefits of securities held in depository and bears all liabilities. The depository participant is an intermediary, depository is the infrastructure, and registered owner is the legal title holder. The beneficial owner is the real owner in economic terms.

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