Which of the Following Is Not a Characteristic of Debentures

question 6

Multiple Choice

Which of the following is not a characteristic of debentures?

• A) Debentures are issued to raise debt funds.
• B) Debentures are secured.
• C) Debentures may be issued privately to large institutional investors.
• D) None of the above. All of the options are characteristics of debentures.

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Definitions:

Defective

Describes an item that fails to meet quality standards or specifications, often resulting in malfunction or unsuitability for intended use.

Proportion

A part, share, or number considered in comparative relation to a whole.

Proportion

Refers to the ratio of a part or portion of the total count, quantity, or amount in a given context.

Freshmen

Students in their first year of study at a high school or university.