When an endorser willing to transfer to an endorsee only a part of the amount of the instrument, then it is which type of endorsement?
A) Restrictive endorsement
B) Conditional endorsement
C) Special endorsement
D) Partial endorsement
Correct Answer:
Verified
Q15: Memorandum of association governs the relationship of
Q16: The association clause of a public company
Q17: Quorum should be present at the
A)Commencement of
Q18: Total managerial remuneration cannot exceed _% of
Q19: When a private company is converted into
Q20: The undertaking contained in a promissory note,
Q21: A bill of exchange contains a/an
A)Unconditional undertaking
B)Unconditional
Q22: Cheque is a
A)Promissory note
B)Bill of exchange
C)Both (a)
Q23: The term 'negotiation' in section 14 of
Q24: If an instrument may be construed either
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