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Endroser
Hello Garvit,
Could you please clarify from which source/book you have obtained this question? If you have a page reference that would help.
Kind regards,
Vijay
Hi Garvit, can you please refer me to the part of the course material where this topic comes up ie the chapter or section and I will try to clarify for you.
Kind regards,
Vijay
Hi Garvit,
In your example if A is the Drawer and if C is the payee (the ultimate creditor) then yes D would be the Drawee/Acceptor.
You seem to be on the right track! So well done.
Kind regards,
Vijay
Just to clarify in your example there is no endorser or endorsee.
There would only be an endorser if C (original Payee/Holder) owed money to E and were to endorse the bill for the benefit of E (Endorsee).
I hope that helps.
Kind regards,
Vijay
My pleasure :)
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