An endorsement is said to be Partial endorsement if it satisfies-00688
An endorsement is said to be Partial endorsement, if it satisfies which of the following conditions?
This multiple choice question (MCQ) is related to the book/course vu bnk601 Banking Laws & Practices. It can also be found in vu bnk601 Final Term - Quiz No.1.
An endorsement is said to be Partial endorsement, if it satisfies which of the following conditions?
If the endorser signs his name only
If the endorser adds a direction to pay the amount mentioned in the instrument to, or to the order of, a specified person
If the endorser restricts or excludes the right to further negotiate the instrument
If the endorser purports to transfer to the endorsee only a part of the amount payable
Similar question(s) are as followings:
An endorsement is said to be Partial endorsement, if it satisfies which of the following conditions?