If a stop payment is placed on a check,the bank will:
A) require the payee to pay a fee to cash the check
B) contact the payer for permission before transferring cash to the payee
C) refuse to honor the check
D) freeze the account of the payee

Question

Quizplus · Accepted Answer

When a stop payment is placed on a check, the bank will refuse to honor the check when it is presented for payment. This means the bank will not transfer funds from the payer's account to the payee or anyone else who presents the check.

If a Stop Payment Is Placed on a Check,the Bank