A ________ is an acknowledgement of a debt.
A. share
B. debenture
C. equity share
D. preference share
Answer: Option B
Solution(By Examveda Team)
A debenture is an acknowledgement of a debt. An undertaking to repay a sum of money as a debt by a company which has been deposited with or lent to the body. They are usually secured by fixed charge and floating charge.This Question Belongs to Commerce >> Business And Commerce
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