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Spot the odd one out

Exercise and reference answers

Questions
  1. Items
    1. Secured
    2. Unsecured
    3. Dividend
    4. Convertible
    Odd item
    Dividend
  2. Items
    1. Interest
    2. Borrowed
    3. Redeemable
    4. Owner
    Odd item
    Owner
  3. Items
    1. Perpetual
    2. Redeemable
    3. Fixed charge
    4. Irredeemable
    Odd item
    Redeemable
Instructions
Tap the one that does not belong with the rest.

Explanation

_Source: syllabus Accountancy, Ch 2 'Issue and Redemption of Debentures'_
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