English

Which of the following statement is true? -

Advertisements
Advertisements

Question

Which of the following statement is true?

Options

  • A debenture holder is an owner of the company.

  • A debenture holder can get his money back only on the liquidation of the company.

  • A debenture issued at a discount can be redeemed at a premium.

  • A debenture holder receives interest only in the event of profits.

MCQ

Solution

A debenture issued at a discount can be redeemed at a premium.

Explanation:

A debenture holder is a corporation creditor. A debenture holder receives his money returned after a set amount of time, at intervals, or at the company's discretion. Regardless of profit or loss, the holder of a debenture receives interest.

shaalaa.com
Issue of Debentures
  Is there an error in this question or solution?
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×