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Which of the following is not a feature of debentures? - Commercial Studies

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Question

Which of the following is not a feature of debentures?

Options

  • Part of borrowed funds

  • Fix maturity

  • Have voting rights

  • Charge on assets

MCQ

Solution

Have voting rights

Explanation:

Debenture holders do not have voting rights, as they are creditors of the company, not owners like shareholders.

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Debentures/Bonds
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Chapter 10: Sources of Finance - EXERCISES [Page 168]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 10 Sources of Finance
EXERCISES | Q 6. | Page 168
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