CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Appropriation of Profits

The person wh...

Question

The person who transfers the ownership of bill.

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

Payee

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

Open in App

Solution

The correct option is D Endorser
When bill is transferred from one person to another person it is called endorsement of the bill .
The person who transfers the bill is called endorser.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Give word / term or phrase for each of the following statement.

The person who transfer the ownership of the bill.

Q. Write True or False

Drawee can transfer the ownership of the bill.

Q. Voluntary transfer of possession by one person to another without transferring the ownership is known as ____________.

Q. focuses on transferring of ownership of products from one person to another.

Q. The person in whose favor the bill is transferred.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Appropriation vs Charge

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Appropriation of Profits

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon