Introduction to Debentures
A debenture certificate. Image credit scripophily.net ZIMSEC O Level Business Studies Notes: Introduction to Debentures
- These are loan stocks that are issued to the company.
- A debenture is simply a document or certificates that acknowledges said loan.
- Debentures are creditors to the […]
Sources of finance can be long term or short term. Image credit
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Pick n Pay is an example of a limited liability company. Image credit
Certificate of incorporation. Image credit