Which of the following is a characteristic of debt? Debtholders have a right to vote on important decisions made by a co

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Which of the following is a characteristic of debt? Debtholders have a right to vote on important decisions made by a co

Post by answerhappygod »

Which of the following is a characteristic of debt?
Debtholders have a right to vote on important decisions
made by a company.
Debtholders are legally entitled to repayment of interest and
the principal amount.
Debtholders are only entitled to receive payment if there
is sufficient profit at the end of the year.
Debtholders are legally entitled to dividends each
year.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”