A document which acknowledge that a company owes a person a stated sum of money with an agreement to pay a fixed rate of interest periodically is
A share certificate
B allotment certificate
C preference certificate
D debenture certifate
Answer is D
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A document which acknowledge that a company owes a person a stated sum of money with an agreement to pay a fixed rate of interest periodically is
A share certificate
B allotment certificate
C preference certificate
D debenture certifate
Answer is D