Which of the following statement is incorrect with respect to debentures?
Rohit Sharma March 31, 2023
Question: Which of the following statement is incorrect with respect to debentures?
(A) Debentures can be issued for cash.
(B) Debenture cannot be issued at discount.
(C) Debentures can be issued as collateral security,
(D) Debentures can be issued at premium.
The correct answer is: (B) Debenture cannot be issued at discount.
