An endorsement is said to be Restrictive endorsement if it-00809
An endorsement is said to be Restrictive 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 Lecture No.28 - Quiz No.1.
An endorsement is said to be Restrictive 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?
