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  9. Q15
Question 15

One of the characteristics of a debenture is that

  • A.it yields a fixed rate of dividends
  • B.it has no redemption date
  • C.it yields a fixed rate of interest
  • D.its holder has a voting right
  • E.the holder bears more risk than others
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1997
Question no.
#15
Type
Objective
Previous · Q14The services rendered by Nigerian Airways to foreign companies are part of… Next · Q16 Which of the following is a disadvantage of credit transaction?

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