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प्रश्न
Write a short note on:
Endorsement of a bill
टीपा लिहा
उत्तर
Endorsement of a bill:
- Endorsement means signing on the face or back of a bill for the purpose of transferring the title of the bill to another person.
- The person who endorses is called the “Endorser”.
- The person to whom a bill is endorsed is called the “Endorsee”.
- The endorsee is entitled to collect the money.
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Bills of Exchange
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: Subsidiary Books - 1 - Short answer questions [पृष्ठ १२२]
APPEARS IN
संबंधित प्रश्न
Find the odd one:-
Find the odd one:-
Amount that cannot be paid by acceptor on account of inslovency is known as __________.
A bill which is drawn and accepted with valuable consideration is known as ___________.
A person who draws the bill of exchange is known as __________.
Recording the fact of dishonour of Bill is known as ___________.
Answer in one sentence.
What do you mean by bill of exchange?
A bill of exchange is a conditional order.
The due date of the bill drawn for 2 months on 23rd Nov. 2019 will be ______.
A bill of exchange is a ______.