A debenture holder is entitled to
...A debenture holder is entitled to
Dividend
Interest
commission
Profit
Correct answer is B
a debenture is defined as a certificate of agreement of loans which is given under the company's stamp and carries an undertaking that the debenture holder will get a fixed return (fixed on the basis of interest rates) and the principal amount whenever the debenture matures.
The interest is calculated on the face value of the debentures. This interest amount is paid periodically, generally yearly or half-yearly. The interest is a charge against the profit of the company.
Which of the following are elements of a valid contract? ...
All the following are principles of insurance EXCEPT ...
The sales of goods through a medium that accepts money and delivers the items to the customer is ...
The consumer is always right. This describes the doctrine of? ...
Which of the following legislation aims primarily at the protection of consumers? ...
Nearness to a city centre and a busy street is a necessary condition for sitting? ...