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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Define Endorsement. - Commerce

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Question

Define Endorsement.

Definition

Solution

“When the maker or holder of a negotiable instrument signs the name, otherwise that as such maker for the purpose of negotiation, on the back or face thereof, or on a slip of paper annexed thereto.”

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Endorsements
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Chapter 22: The Negotiable Instruments Act, 1881 - Exercise [Page 203]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 22 The Negotiable Instruments Act, 1881
Exercise | Q II. 5. | Page 203
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