Vidyalelo
Law · Q97

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 97

Q97

What is the term used to describe an endorsement in which the endorser excludes his own liability on the negotiable instrument in case of dishonour of the instrument?

A.
Partial endorsement
B.
Sans recourse endorsement
Answer
C.
Restrictive endorsement
D.
Conditional endorsement

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board