Multiple choice

Mr. Des Raj issues a bill favouring Mr. Raj Kumar, who endorses it in blank and delivers to Mr. Tahir Hussian. Mr. Tahir makes another endorsement in favour to Mr. Ravi Kumar. To whom will Des Raj pay the amount?

  1. Des Raj

  2. Ravi Kumar

  3. Tahir Hussian

  4. Raj Kumar

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The amount is paid to the person who is having the bill at the time the bill is due, so in this case, Mr. Ravi is having the bill as he has not endorsed to any other person, so he will receive the payment.