Debentures which are secured by the fixed assets of a company are called

COMMERCE
WAEC 2014

Debentures which are secured by the fixed assets of a company are called

  • A. Mortgaged Debenture
  • B. Naked Debenture
  • C. Redeemable debenture
  • D. irredeemable Debenturs

Correct Answer: C. Redeemable debenture



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