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________ is acknowledgment of debt under common seal of company.

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Select most appropriate alternative from those given below

________ is acknowledgment of debt under common seal of company.

Options

  • Share
  • Debenture
  • Cheque
  • Bond
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Debenture is acknowledgment of debt under common seal of company.

Explanation: Debentures are written acknowledgement of debt issued under the common seal of a company with fixed rate of interest to the debenture holders.

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