The holder of bond is _____ of the company.
Q.1 (A) (1) The holder of bond is _____ of the company.
A. secretary
B. owner
C. creditor
Q.1 (A) (1) The holder of bond is _____ of the company.
A. secretary
B. owner
C. creditor
Best answer
Answer: C. creditor
Answer: (c) creditor
Bond/debenture is a debt instrument. A bondholder lends money to the company and is therefore its creditor, entitled to fixed interest and repayment of principal; he is not an owner.
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