Question

If an indorser signs and adds a direction to pay the

Q: Answer-If an indorser signs and adds a direction to pay the amount mentioned in the instrument to, or to th...

Negotiable Instrument Act Section 16. Indorsement in blank and in full 1 If the indorser signs his name only, the indorsement is said to be in blank, and if he adds a direction to pay the amount mentioned in the instrument to, or to the order of, a specified person, the indorsement is said to be in full, and the person so specified Indorsee is called the indorsee of the instrument.

amount mentioned in the instrument to, or to the order of, a specified person, the indorsement is said to be____________

A In blank

B In full

C Special

D Restrictive

E None of the above

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If an indorser signs and adds a direction to pay the

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