Types of Endorsement:
1. Blank Endorsement: Only the signature of the endorser. Makes the instrument payable to bearer.
2. Full Endorsement: Includes the endorser's signature and the name of the endorsee. Payable only to that person.
3. Restrictive Endorsement: Limits further negotiation (e.g., "Pay to Ravi only").
4.Conditional Endorsement: Payment depends on a condition (e.g., "Pay if goods are delivered").
5. Sans Recourse Endorsement: Endorser denies liability in case of non-payment (e.g., "Without recourse").