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Bills of Exchange — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyBills of Exchange1 Mark
Question
Who is an Endorser?
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Answer

The drawer or the holder of a bill of the exchange who transfers or endorses the same in favour of a third party is called Endorser.

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