negotiable instrument doubt

Labour & Industrial 714 views 2 replies

what is the difference in  bearer and endorser

Replies (2)

 As per negotiable instrument

BEARER: One who holds a check, note, draft, or other order for the payment of money; as, pay to bearer.

ENDORSER: A person who transfers his ownership interest in something by signing a check or negotiable security.

Originally posted by : Ankur
 As per negotiable instrument
BEARER: One who holds a check, note, draft, or other order for the payment of money; as, pay to bearer.
ENDORSER: A person who transfers his ownership interest in something by signing a check or negotiable security.


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