Which of the Following Describes a Term Debenture

question 52

Multiple Choice

Which of the following describes a term debenture?

• A)A debenture that matures at one specified time
• B)A debenture that repays principal in instalments
• C)A debenture that gives the debenture holder a claim for specific assets if the issuer fails to pay
• D)A debenture that is not backed by specific assets

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Definitions:

Market Rivals

Companies or entities within the same industry or market that compete against one another for customers, sales, and market share.

New Technologies

Recent advancements or innovations in technology that can potentially alter how businesses operate or how consumers interact with products.

Existing Markets

The current and operational markets where products or services are already being distributed or consumed.

High Barriers to Entry

Conditions that make it difficult for new competitors to enter a market, including high costs, strict regulations, or established brands.