Unsecured debentures are also called as _________.
A. Mortgaged debentures
B. Simple debentures
C. Bearer debentures
D. Registered debentures
Answer: Option B
Solution(By Examveda Team)
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 credit worthiness of the issuer.This Question Belongs to Commerce >> Business And Commerce
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