Mere signature of the payee on the reverse of the instrument is called ___________endorsement

Related MCQs

• -------------- is a person who became the possessor or payee of a negotiable instrument for a consideration.
• Crossing is a direction to the---------------bank to pay the cheque to the payee through a bank.
• __________ means signing on the back of negotiable instrument with a view to transfer the title in the instrument to another person
• ---------cheque is easily transferred from one person to another by mere delivery
• -----------cheque cannot be transferred from one person to another person by mere delivery.
• Where the signature of the drawer of a cheque is not genuine such a cheque is called --------------
• As per the Act Negotiable instrument means--------
• _________is an instrument which is used for transfer of funds
• Creation of derivative deposit out of the money from primary deposit is called---------------------
• ----------- is also called Virtual Banking or anywhere banking.