alleryStart learning →A draws a bill on B, who accepts. A endorses it to C, C to D, D to E. As between E and C, the surety is:
AEndorser D
BEndorsee E
CAcceptor B
DDrawer A
Answer & Solution
Correct answer: A. Endorser D
As between E and C, C is the principal debtor and the later endorser D stands as his surety.
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