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Where the endorser does not want that the endorsee or any other holder to incur anyexpense on his account is called

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Question:

Where the endorser does not want that the endorsee or any other holder to incur anyexpense on his account is called

A.

Restrictive endorsement

B.

Sans frais endorsement

C.

Conditional endorsement

D.

Unwanted endorsement

Answer» b. Sans frais endorsement

Note: The above multiple-choice question is for all general and Competitive Exams in India.