{"id":34599,"date":"2024-04-15T09:33:08","date_gmt":"2024-04-15T09:33:08","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=34599"},"modified":"2024-04-15T09:33:08","modified_gmt":"2024-04-15T09:33:08","slug":"under-section-16-of-the-negotiable-instrument-act-endorsement-in-blank-of-an-instrument-means","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/under-section-16-of-the-negotiable-instrument-act-endorsement-in-blank-of-an-instrument-means\/","title":{"rendered":"Under section 16 of the Negotiable Instrument Act, &#8216;endorsement in blank&#8217; of an instrument means:"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a9b29b97e806\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    Where the endorser does not write anything on the instrument                <\/div>\r\n                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    Where the endorser writes the name of the person who is directed to pay                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    None of the above                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: <strong>B. Where the endorser only signs without writing any name on the instrument<\/strong>.<\/p>\n<p>An endorsement in blank is an endorsement where the endorser only signs their name on the back of the instrument. This type of endorsement makes the instrument payable to bearer, which means that anyone who has possession of the instrument can negotiate it.<\/p>\n<p>Option A is incorrect because an endorsement in blank does not require the endorser to write anything on the instrument other than their signature.<\/p>\n<p>Option C is incorrect because an endorsement in blank does not require the endorser to write the name of the person who is directed to pay.<\/p>\n<p>Option D is incorrect because an endorsement in blank is a valid type of endorsement under section 16 of the Negotiable Instrument Act.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[704],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Under section 16 of the Negotiable Instrument Act, &#039;endorsement in blank&#039; 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