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Commerce · Q70

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 70

Q70

Under section 16 of the Negotiable Instrument Act, 'endorsement in blank' of an instrument means:

A.
Where the endorser does not write anything on the instrument
B.
Where the endorser only signs without writing any name on the instrument
Answer
C.
Where the endorser writes the name of the person who is directed to pay
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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