Practicing Success
Practicing Success
CUET Preparation Today
Debentures represent which of the following? |
Director’s Share in a Company Investments by Equity Shareholders Long-term Debt of the Business Unsecured debt of a business |
Long-term Debt of the Business |
The correct answer is option 3- Long-term Debt of the Business. A debenture represents the loan capital of a company because a debenture issued by a company is an acknowledgement that the company had borrowed a certain amount of money, which it promises to repay at a future date. |
