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Which of the following is false with respect to debentures ? -

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Question

Which of the following is false with respect to debentures ?

Options

  • They can be issued for cash. 

  • They can be issued for consideration other than cash.

  • They can be issued as collateral security. 

  • They can be issued in lieu of dividends.

MCQ

Solution

They can be issued in lieu of dividends.

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Issue of Debentures
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