JAMB Commerce 2020 Objective — Question 36

Question 36 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2020 Objective paper, with the correct answer and a full explanation.

36. The difference between debenture holder and preference shareholder is a

A. A. No difference
B. B. Debenture holders are owners while preference shareholders are not
C. C. Preference shareholder are owners while debenture holders are not
D. D. Preference shareholder are entitled to dividend while debenture holders are entitled to interestCorrect

Explanation

Shareholders are entitled to dividend while debenture holders are entitled to interest.

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