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प्रश्न
Give word / term or phrase for the following statement.
The person who transfer the ownership of the bill.
उत्तर
Endorser
Explanation: The holder of a bill has an option to transfer the bill in favour of his/her creditor. In such cases, the person who transfers the bill is known as an endorser. Generally, a drawer is an endorser.
APPEARS IN
संबंधित प्रश्न
Transfer of title of a bill from a debtor to a creditor.
What is 'qualified acceptance' ?
State whether the following statement is True or False.
A bill of exchange can be endorsed only once.
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.
