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X draws a bill of exchange against Y in favor of W for P100,000.00, requesting the drawee to pay on December 24, 2019. W

"X" draws a bill of exchange against "Y" in favor of "W" for P100,000.00, requesting the drawee to pay on December 24, 2019. "W" indorses the instrument to "P" on September 1 and on September 15 presents it for acceptance. The bill is dishonored, "P" promptly sues "W" for payment. Will the case prosper? Give reasons for your answer.

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