Question

Transfer of title of bills from Tiptur to creditor.

discounting

bill sent for collection

endorsement

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Answer 1

Answer:

Endorsement.

Explanation:

A person who holds a bill of exchange may transfer the title of the bill to another person. This act of transferring the title or name on the bill of exchange is known as 'Endorsement' . Upon endorsement the new owner of the bill will be the person in whose name ot has been transferred.

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