a. A debenture holder is an owner of the company.

b. A debenture holder can get his money back only on the liquidation of the company.

c. A debenture issued at a discount can be redeemed at a premium.

d. A debenture holder receives interest only in the event of profit.

A: Only (a)

B: Only (b)

C: Only (c)

D: Only (d)

 

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Explanation: 

  • A debenture holder is a lender to a company, not an owner.
  • A debenture holder will get his money after a specified date mentioned in the debenture certificate.
  • A debenture can be issued at discount and can be redeemed at a premium.
  • A debenture holder will get interest whether there is profit or loss because it is charge against profit.

Final Answer: Hence, the correct answer is option C Only (c).

ectively.

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