Question

State the following statement is True or False:

Request of secretary to the bank not to make the payment of cheque is known as stop payment.

• A. True
• B. False

Answer 1

The correct option is A True

Request of secretary to the bank not to make the payment of cheque is known as stop payment- this is a true statement. This request is made in order to stop the payment of the cheque so that misuse of the cheque is prevented. This request is to be made by the customer who issued the cheeque.