A. debenture
B. a bond
C. a term loan
D. an overdraft
Correct Answer:
Option A – debenture
Explanation
It is a debenture that is grown under a seal by a company in acknowledgment of a debit undertaking to repay the stated amount or sum on or before a certain date and to pay a fixed rate of interest. There are redeemable and irredeemable debenture
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