Economy, asked by skalpadharshinis, 1 month ago

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Answered by vanshchamp2008
0

Answer:

ruined

Explanation:

Answered by Unni007
1

1. Endorsement of Instruments

  • It is the act of a person who is a holder of a negotiable instrument in signing his or her name on the back of that instrument, thereby transferring title or ownership.
  • It may be in favor of another individual or legal entity.
  • It provides a transfer of the property to that other individual or legal entity.
  • The person to whom the instrument is endorsed is called the endorsee.
  • The person making the endorsement is the endorser.

2.

  • The sentence is not a promissory note.
  • Promissory note is an instrument in writing which contains an unconditional undertaking, signed by the maker, to pay a certain sum of money only to, or to the order of, a certain person, or to the bearer of the instrument.

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