英语语法分析

The endorsee may exercise the rights on the bill when exercising his right of pledge according to law.

被背书人依法实现其质权时，可以行使汇票权利。

The blank did not identify the endorsee, so endorsement of the bill as paid and the bearer of the bill.

空白背书并不指明被背书人，如此背书之汇票成为付与来人之汇票。

If the restricted endorsement re-transfer of authority, then all subsequent endorsee right hand rights and assume the obligations and limitations of the first endorsee endorsement of the same.

如限制背书授权再转让，则所有其后手被背书人享有之权利和承担之义务与限制背书之第一被背书人相同。