Practicing Success
Practicing Success
CUET Preparation Today
| Which type of charge on assets is created on issuing unsecured debentures by default by a company? |
Fixed Floating Either option 1 or 2 None of these |
| Floating |
| Unsecured debentures do not have a specific charge on the assets of the company. However, a floating charge may be created on these debentures by default. Normally, these kinds of debentures are not issued. |
