Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is an endorser in a bill of exchange?
💡 Hint: Think about who initially holds the rights before transferring them.
Question 2
Easy
Who becomes the endorsee after a bill is endorsed?
💡 Hint: Consider who receives the rights from the endorser.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the primary role of an endorser?
- To pay the drawee
- To transfer payment rights
- To negotiate the bill
💡 Hint: Think about what action they take concerning the bill.
Question 2
True or False: An endorser is completely free from responsibility if the drawee defaults.
- True
- False
💡 Hint: Consider the obligations an endorser has.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A corporation issues a bill of exchange but has financial issues. If it goes bankrupt and the endorsee seeks payment, what liabilities do the endorser face?
💡 Hint: Consider the endorser's obligation when dealing with credit risks.
Question 2
Propose strategies an endorser can take to minimize risks when transferring a bill of exchange.
💡 Hint: Think about how due diligence may affect the endorsement decision.
Challenge and get performance evaluation