A document which acknowledges that a company owes a named person a stated sum of…

A document which acknowledges that a company owes a named person a stated sum of money with the promise that a stated interest rate will be paid periodically is called
  • A.
    share certificate
  • B.
    preference certificate
  • C.
    debenture certificcate
  • D.
    allotment certificate
  • E.
    call certificate
Correct Answer: Option C
Explanation
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