The Company Will Repay the Principal Amount of the Debenture

question 61

True/False

The company will repay the principal amount of the debenture on the maturity date.

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Definitions:

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, giving them ownership interests.

Corporate Criminal Liability

The legal principle that a corporation, as an entity, can be held accountable for committing criminal acts.

Strict Liability Rule

A regulation imposing absolute responsibility on certain persons or entities for damages or losses, regardless of fault or intention.

Squeeze-Out

A strategy used by majority shareholders to pressure minority shareholders into selling their shares, often at unfavorable terms.