Endorsement vs Negotiation Explained in 1 Minute | Negotiable Instruments Act #niact #endorsement
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Endorsement vs Negotiation Explained in 1 Minute | Negotiable Instruments Act #niact #endorsement
Endorsement means signing the instrument (usually on the back) to transfer rights to another “endorsee” for negotiation. Negotiation is the act of transferring ownership of the instrument, making the transferee the new legal holder. Endorsement enables negotiation, but negotiation completes the transfer process. 👉 Endorsement = Signature ...
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