If the indorser signs his name only, the indorsement is called:
Section 16(1) of the Negotiable Instruments Act, 1881 calls an indorsement in blank one where the indorser signs his name only, without adding any direction.
Choose your answer
If the indorser signs his name only, the indorsement is called:
Answer and explanation
Correct answer D
Section 16(1) of the Negotiable Instruments Act, 1881 calls an indorsement in blank one where the indorser signs his name only, without adding any direction.
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