Realisation of Assets and Liabilities - Comprehensive
A person who ...
Question
A person who endorses a bill is called an _____________.
A
Endorser
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Endorsee
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Drawer
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Drawee
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is D Endorser The Process of Transferring the bill from one person to other is called Endorsement of the bill. The Person who endorses the bill is called Endorser. He is Debtor.