Question

Shares and debentures are available to: a. Private Limited companies only b. Incorporated businesses only c....

Shares and debentures are available to:

a. Private Limited companies only

b. Incorporated businesses only

c. Unincorporated business only

d. All types of businesses

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Homework Answers

Answer #1

Shares & debentures are the instrument which is available only to Incorporated business only.

Incorporated entities are one that is registered under law & statute of the country.

Share means a share in stock capital of company, where debenture is a debt instruments paying fixed rate of interest per annum.

Shares & debentures are equity & debt instruments, which can be issued by incorporated entity to the general public.

Therefore Answer B is correct

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