approve
Transfer mode of bill rights
***2 meanings
Endorsement refers to the behavior of the holder to record relevant matters on the back of the bill or on a note and sign it for the purpose of transferring the rights of the bill to others or granting some rights to others to exercise. Endorsement can be divided into transfer endorsement and non-transfer endorsement according to different purposes. The purpose of transfer endorsement is to transfer the rights of the holder to others. Non-negotiable endorsement refers to the exercise of specific bill rights by others, including entrusted collection endorsement and pledge endorsement. For whatever purpose, endorsements should be recorded and bills should be delivered. [ 1]
Chinese name
approve
Foreign name
Endorsement/endorsement
nature
Subsidiary bill
purpose
The purpose of the payee is to transfer the rights of the bill.
Endorsement introduction
Endorsement (transfer of bill rights)
Endorsement refers to the subsidiary bill behavior made by the payee for the purpose of transferring the bill rights and making necessary records.
If the name of the payer or the name of the payer is recorded in the endorsement, it is called a registered endorsement; If the name of the payer or the name of the payer is not recorded, it is called bearer endorsement. The endorser is responsible for ensuring the payment of the drawer when the bill is transferred by endorsement. If the drawer fails to pay at the due date, the endorser must bear the responsibility for payment. After endorsement, the ownership of the bill is transferred from the endorser to the endorsee. Bills can be transferred by endorsement many times. Endorsement includes five ways: limited qualitative endorsement, blank endorsement, special endorsement, limited endorsement and conditional endorsement.
Commercial significance
Endorsement is an important way and means to transfer the rights of bills, and the continuity of endorsement is an important factor to prove the rights of bill holders.
The significance of endorsement in business activities: in the process of transferring a check, the person who transfers the check should sign (or seal) on the back of the check, which is called endorsement. The endorser will be responsible for the repayment of this check to a certain extent, which is similar to a kind of guarantee, and then it will be extended to the meaning of guarantee, guarantee, that is, the guarantee of your affairs or what you said.
I agree with the truth of this sentence.
approve
Form of endorsement: endorsement is a necessary behavior, so it must conform to the legal form, that is, it must be delivered by endorsement in order to be effectively established.
The endorsement department recorded two contents: first, conditional endorsement; The second is partial endorsement.
Endorsement should be continuous. Endorsement continuity refers to the transfer of bills.