Question :
Debentures may be issued:
Option 1: for Cash
Option 2: for consideration other than Cash
Option 3: as Collateral Security
Option 4: All of the above
Correct Answer: All of the above
Solution : Answer = All of the above
Debentures can be issued for various purposes, including for cash, for consideration other than cash (such as assets or services), and as collateral security. These flexible issuance options allow companies to raise funds in different ways, depending on their financial needs and strategic objectives.
Hence, the correct option is 4.