Which of the following is false with respect to debentures?
A. They can be issued in lieu of dividends
B. They can be issued for cash
C. They can be issued for consideration other than cash
D. They can be issued as collateral security
Answer:A
Which of the following is false with respect to debentures?
A. They can be issued in lieu of dividends B. They can be issued for cash C. They can be issued for consideration other than cash D. They can be issued as collateral security