JAMB Commerce 2025 Objective — Question 19
Question 19 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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Debentures indicate the:
- A. Short-term Borrowings of a Company
- B. Directors' shares in a company
- C. Investment of Equity-Shareholders
- D. Long-term Borrowings of a CompanyCorrect
Explanation
A debenture is a long-term loan instrument on which the company pays interest periodically.
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