Question : Debenture holders are entitled the right to receive
Option 1: Interest
Option 2: Dividend
Option 3: Both 1 & 2
Option 4: None of the above
Correct Answer: Interest
Solution : Debenture holders have the right to receive the interest due to debenture holders.
Hence the correct answer is option 1.
Question : Which is an agreement between the company and the trustees to look after the interest of debenture holders?
Option 1: Debenture Trust Deed
Option 2: Partnership Deed
Question : What among the following is not a characteristic of a preference share?
Option 1: right to receive dividend
Option 2: voting right
Option 3: right to receive interest
Option 4: All of the above
Question : Debenture holders have first right in the event of a company's liquidation for:
Option 1: Interest Amount
Option 2: Principal Amount
Option 3: Both (a) and (b)
Question : What among the following is not a characteristic of a common share?
Option 1: right to receive interest
Option 2: right to receive payment after preference shareholders
Option 3: right to vote
Question : Perpetual debenture are also known as
Option 1: Irredeemable Debenture
Option 2: Secured Debenture
Option 3: Unsecured Debenture
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