A company that issues debentures is required to draw up:
A)the listing rules.
B)a trust deed.
C)a covenant.
D)all of the given options.

Question

Quizplus · Accepted Answer

A trust deed is a legal document that outlines the terms and conditions of the debentures, including the rights and obligations of the issuer and the debenture holders. The issuer must draw up a trust deed to ensure that both parties are aware of their responsibilities and to protect the interests of the debenture holders. The other options (listing rules and covenants) may also be relevant in the issuance of debentures, but they are not required to be drawn up by the issuer.

A Company That Issues Debentures Is Required to Draw Up