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Question

Debeture is -


A

a written instrument acknowledging a debt written by its holder

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B

an oral acknowledgement of the debt by a company.

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C

a written instrument acknowledging a debt written by its company

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D

None of these

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Solution

The correct option is C

a written instrument acknowledging a debt written by its company


Debenture is a written instrument acknowledging a debt written by its company.


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