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प्रश्न
State whether the following statement is True or False.
A bill of exchange can be endorsed only once.
विकल्प
True
False
उत्तर
False
Bills of exchange can be endorsed multiple times because it is an unconditional order to pay a certain sum of money to the holder of the bill.
APPEARS IN
संबंधित प्रश्न
Transfer of title of a bill from a debtor to a creditor.
What is 'qualified acceptance' ?
Give word / term or phrase for the following statement.
The person who transfer the ownership of the bill.
Give word / term or phrase for the following statement.
The person in whose favour the bill transferred.
Give word / term or phrase for the following statement.
Transfer of title of the bill from debtor to creditor.
Write True or False
Endorsee is person in whose favor the bill transferred.
Write True or False
Endorsement means transfer of title of the bill from debtor to creditor.
Prepare: Pass Journal Entries in the books of Sunil and prepare Sunil's account in the books of Pooja.
Write a word/term/phrase as substitute for following statement.
