MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Benefits of Debentures

debentures ar...

Question

__________ debentures are secured by a charge on the assets of the company.

A

Naked

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Simple

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Unsecured

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Mortgage

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is C Mortgage
Mortgage debenture are those which are secured against the fixed assets of the company. In such a case, a specific property is pledged as security. In case the debenture is not redeemed or exercised, the financial institution will recover the costs by selling the fixed assets.

Suggest Corrections

thumbs-up

0

Similar questions

Q. ___________ debentures are which create a charge on the assets of the company, thereby mortgaging the assets of the company.

Q. ___________ debentures are those that do not carry any charge or security on the assets of the company.

Q. Which debentures are secured by a charge -

Q. Write one word/term/phrase which can substitute each of the following

The debentures where a charge is created on the assets of company.

Q. A Debenture Certificate is issued as an acknowledgment of debt with or without a charge on company's assets.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

What is a Debenture?

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Benefits of Debentures

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon