Question : ------------------- debentures are the debentures that are not registered in the records of the company in the name of the holder. These debentures are transferable by mere delivery. Interest is paid to the person who produces coupons attached to the debenture.
Option 1: Registered debentures
Option 2: Bearer debentures
Option 3: Secured debentures
Option 4: Unsecured debentures
Correct Answer: Bearer debentures
Solution : Answer = Bearer debentures
Bearer debentures are unregistered debentures that are transferable by delivery, without the need for formal registration in the company's records. Interest payments are made to whoever holds the physical debenture certificates, as indicated by the attached coupons. These debentures offer anonymity and ease of transfer. Hence, the correct option is 2.
Question : ----------------------- are the debentures that are registered in the company's records in the name of the holder. Principal and interest of such debentures is payable to the registered debentureholders. The transfer of debentures in this case requires the execution of a transfer deed.
Question : Which of the following is not a characteristic of Bearer Debenture?
Option 1: Their transfer requires a deed of transfer
Option 2: They are treated as negotiable instrument
Option 3: They are Transferable by mere delivery
Option 4: The interest on it is paid to the holder irrespective of identity
Question : Which of the following statements is false?
Option 1: Debenture is debt of the company. Therefore, a debenture holder is a lender.
Option 2: Debenture holder gets interest at the stated rate whether the company earns profit or not.
Option 3: Debentures cannot be issued at discount.
Option 4: Debentures can be converted into shares.
Question :
The debentures that are not repayable during the lifetime of the company and hence are repaid only when the company is liquidated are called as
Option 1: Redeemable debentures
Option 2: Irredeemable debentures
----------------Debentures are those debentures that are repayable by the company at the end of a specified period or by installments during the existence of the company.
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