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debentures ar...

Question

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

A

Secured

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B

Registered

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C

Unsecured

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D

Convertible

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Solution

The correct option is C Unsecured
Unsecured debentures are debentures that are not supported by a collateral security. No specific assets will be set aside against unsecured debentures. It is basically a loan with out any protection. They are backed only by the general creditworthiness of the issuer.

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