JAMB Commerce 2025 Objective — Question 18

Question 18 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2025 Objective paper, with the correct answer and a full explanation.

Debenture holders are:

A. Debtors of the Company
B. Creditors of the CompanyCorrect
C. External users
D. Owners of the Company

Explanation

Debenture holders lend money to a company and are therefore its creditors, not owners.

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