F4ENG Chapter 10 Questions

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1. aisha15 says

   February 5, 2016 at 4:45 am

   Which of the following options is true? A public company is allowed to offer to the public for subscription or purchase —-
   -only debentures secured by floating charge
   -both shares and debentures
   -only debentures secured by way of fixed charge
   -only equity shares
   My answer is “both shares and debentures” but the system said is wrong n the right answer is “only equity shares”. Am i wrong??

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