1
Question
The person on whose favor a bill is endorsed is called as _______.
The person on whose favor a bill is endorsed is called as _______.
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Solution
The correct option is B Endorsee
The person, either the drawer or holder, who endorses the bill to any one by signing on the back of it is called an endorser.And the person on whose favor a bill is endorsed is called as Endorsee.
The person, either the drawer or holder, who endorses the bill to any one by signing on the back of it is called an endorser.
And the person on whose favor a bill is endorsed is called as Endorsee.
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