The person in whose favor a bill is endorsed is known as _______.

Drawer

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Endorser

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Endorsee

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Payee

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Endorsee
The Process of transferring the bill from one person to other is called Endorsement of the bill.
The person who transfers the bill is called Endorser and the person to whom the Bill is endorsed is called Endorsee.

Suggest Corrections