Question on: SS1 Economics - Basic Instruments For Business Financing
What is the main difference between shares and debentures?
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A
Shares represent ownership in a company, while debentures are a type of debt instrument.
B
Shares are a type of debt instrument, while debentures represent ownership in a company.
C
Shares and debentures are the same things.
D
Neither shares nor debentures are used for business financing.
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Correct Option: A
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