Question Tag: Payee

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  • 1 Marks

BL – May 2024 – L1 – SA – Q13 – Negotiable Instruments

Identify the type of payee/endorser who acquires a bill after payment.

A payee/endorser in possession of a bill that he obtained after giving consideration for it is called:

A. A drawer
B. An accommodation party
C. An assignee
D. A holder for value
E. A trustee

 

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  • 1 Marks

BL – May 2024 – L1 – SA – Q13 – Negotiable Instruments

Identify the type of payee/endorser who acquires a bill after payment.

A payee/endorser in possession of a bill that he obtained after giving consideration for it is called:

A. A drawer
B. An accommodation party
C. An assignee
D. A holder for value
E. A trustee

 

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Register

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You're reporting an error for "BL – May 2024 – L1 – SA – Q13 – Negotiable Instruments"

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