WAEC Commerce 2012 Objective — Question 14
Question 14 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.
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The entitlement of a debenture holder from a company's income is known as
- A. commission
- B. interestCorrect
- C. lien
- D. dividend
Explanation
The debenture holders are entitled to a fixed interest per annum till the maturity of the debenture.
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