MyQuestionIcon

1

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

Difference between Shares and Debentures

is an acknowl...

Question

______ is an acknowledgement of debt under common seal of a company.

A

Share

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

B

Debenture

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

C

Cheque

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

D

Bond

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

Open in App

Solution

The correct option is C Debenture
Debenture is an acknowledgement of debt under common seal of a company.

Suggest Corrections

thumbs-up

0

Similar questions

Q. State to whether the following statements are True/False.

The acknowledgement of debt under common seal of company in termed as share.

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

The acknowledgment of debt under common seal of company.

A ‘share’ represents ownership of the company whereas a debenture is only acknowledgement of debt. State true or false.

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

Q. Select most appropriate alternative from those given below :

__________ is acknowledgment of debt under common seal of company.
a) Share
b) Debenture
c) Cheque
d) Bond

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

Difference between Shares and Debentures

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon