English

Write True Or False Endorsee is Person in Whose Favor the Bill Transferred. - Book Keeping and Accountancy

Advertisements
Advertisements

Question

Write True or False
Endorsee is person in whose favor the bill transferred.

Options

  • True

  • False

MCQ
True or False
Advertisements

Solution

True
Explanation:
 On endorsement, the person who transfers the bill is known as endorser and the person in whose favour the bill is transferred is known as endorsee.

shaalaa.com
  Is there an error in this question or solution?
Chapter 9: Bill of Exchange (Trade Bill) - Exercise 3 [Page 316]

APPEARS IN

Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 9 Bill of Exchange (Trade Bill)
Exercise 3 | Q 12 | Page 316
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×