Which of the Following Is True for Debentures

question 29

Multiple Choice

Which of the following is true for debentures?

• A)It is a type of short term equity security.
• B)It is a type of long-term secured debt security.
• C)It can have a term of 10 years or less.
• D)It is a type of long-term unsecured debt security.

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Definitions:

Flooding

An overflow of water onto land that is normally dry, often caused by heavy rain, melting snow, or breaches in water control structures.

Foreseen

Expected to occur in the future based on forecasts or predictions.

False Imprisonment

The unlawful confinement of a person without consent or legal authority, effectively restricting their freedom of movement.

Qualified Privilege

A legal immunity granted in specific circumstances, usually during defamation cases, allowing freedom of expression without liability, provided statements are made without malice.