When A Person Indorses A Check The Indorser Assumes?
When A Person Indorses A Check The Indorser Assumes? When a person indorses a check, the indorser assumes contractual liability based on the indorsement. This liability expires unless presentment is made a. within 3 days of indorsement. Who is the Indorser on a check? What Is an Endorser? An endorser is a person who is