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Debentures which are secured by the fixed assets of a company are called

Commerce
WAEC 2014
Debentures which are secured by the fixed assets of a company are called
  • A. Mortgaged Debenture
  • B. Naked Debenture
  • C. Redeemable debenture
  • D. irredeemable Debenturs
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Correct Answer: Option C
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