Capital issues consist of two parts — shares and debentures. Read the following statements in this context:
a. All shareholders do not have any ownership of the company.
b. All sharesate merely loans which carry fixed interest rate and are non-convertible.
c. All debenture holders do not have any share in the ownership ofthe company.
d. All debenturesare merely loans which carry fixed interest rate.
Which of the above statements is/are NOT correct?