Identify the types of endorsement from the given format and write shor

1.	Identify the types of endorsement from the given format and write short notes on each type.
Answer» 1. Blank Endorsement: The endorser simply puts his signature, without mentioning the name of the endorsee. 2. Special Endorsement: The endorser mentions the name of the endorsee along with his signature on the back of the Instrument. 3. Restrictive Endorsement: Restrictlnq further endorsement. 4. Sans – Recourse Endorsement: If the bill is dishonoured the holder cannot have recourse to the endorser. 5. Facultative Endorsement: Endorsement made by waiving some right of the endorser.

Identify the types of endorsement from the given format and write short notes on each type.

Answer»

1. Blank Endorsement: The endorser simply puts his signature, without mentioning the name of the endorsee.

2. Special Endorsement: The endorser mentions the name of the endorsee along with his signature on the back of the Instrument.

3. Restrictive Endorsement: Restrictlnq further endorsement.

4. Sans – Recourse Endorsement: If the bill is dishonoured the holder cannot have recourse to the endorser.

5. Facultative Endorsement: Endorsement made by waiving some right of the endorser.

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