The following obligations relating to debentures are included in the Corporations Act:
1.prepare a disclosure document before the proposed offer of debentures
2.appoint a trustee whose task is to monitor the borrower so as to safeguard the investors
3.keep a register of debenture holders
-When a regulated offer of debentures is made, and all of the offer is purchased by an investment bank, a company is always required to:
A) 1 only
B) 1 and 3 only
C) 3 only
D) 1, 2 and 3.
Correct Answer:
Verified
Q12: Which of the following are allowable methods
Q13: Which of the following statements is incorrect?
A)Debt
Q14: Deb Ltd has 100 $1000 face amount
Q15: On Jan 1 20X1 Q Ltd had
Q16: Which of the following statements is incorrect?
A)Generically
Q18: Wor Ltd issued 100 $100 000 par
Q19: On Jan 1 20X1 Q Ltd
Q20: Which of the following are allowable methods
Q21: A company must prepare a disclosure document
Q22: A convertible note enables the holder to
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