The endorser will not liable to the holder on dishonor of a negotiable instrument if he makes…. | Faculties

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Mr. Dubey

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📊 Banking Services Management (BSM)

Q. The endorser will not liable to the holder on dishonor of a negotiable instrument if he makes….

(A) Sans-recourse endorsement
(B) Facultative endorsement
(C) Sans-frais endorsement
(D) None of the above

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✅ Correct Answer: (A) Sans-recourse endorsement

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