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Commerce · Q315

Business Finance

Graduate and Post Graduate · Commerce · question 315

Q315

Loans to limited companies

A.
Have a fixed term and receive interest allowable for corporation tax, but have no voting rights
Answer
B.
Do not have a fixed term, but receive interest allowable for corporation tax and have voting rights
C.
Do not have a fixed term and receive interest allowable for corporation tax, but have no voting rights
D.
Have a fixed term and receive interest not allowable for corporation tax, but have no voting rights

Answer: Option A

Solution

Answer: Option A
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