Question

shares and debenture are contract between company and second party second party are called​

Answer 1

Answer:

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Answer 2

They are called Debtors/Borrowers.

• Anyone with a claim on the particular commodities of anyone is referred to as a creditor. Whereas the individual who owes the cash is a debtor.
• Generally, property or service is provided by the first party to the second in exchange for another, which is always enforced by a legal contract.
• The second participant in such a transaction is the debtor or borrower.
• Whereas, the creditor, or the person who loans cash, property, or services, is the first party.

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