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  • Debenture that are not secured by assets are called :
Multiple choice

Debenture that are not secured by assets are called :

  1. Naked debentures

  2. Mortgage debentures

  3. Secured Debentures

  4. Unsecured advances

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It will carry no fixed or floating charge on the assets of the Company

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