Instruments are secured by a charge on the fixed asset of the issuer company is known as:
A. Unsecured debentures
B. Secured debentures
C. Redeemable debentures
D. Irredeemable debentures
Answer:B
Instruments are secured by a charge on the fixed asset of the issuer company is known as:
A. Unsecured debentures B. Secured debentures C. Redeemable debentures D. Irredeemable debentures