wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The person in whose favor the bill is transferred.

A
Endorser
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Endorsee
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
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 B Endorsee
When bill is transferred from one person to another person it is called endorsement of the bill .
The Person in whose favor the bill is transferred is called endorsee.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Dishonour of the Bill
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon