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Question
State whether the following statement is true or false.
Interest on debentures is paid notwithstanding the volume of profit.
Options
True
False
Solution
This statement is True.
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RELATED QUESTIONS
Debenture capital is a ______ capital of a company.
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______ is an acknowledgement of debt issued by the company under common seal.
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The person who purchases debentures of the company.
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Debentures are always fully paid-up.
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Debenture holder is a ______ of the company.
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Debenture holder gets ______ at fixed rate as a return or income.
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Debenture certificate ____________.
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Answer in one sentence.
Who is debenture holder?
Correct the underlined word and rewrite the following sentence.
The person who purchases debentures of the company is called shareholder.