True/False
The fact that a drawer has filed a stop payment order automatically relieves the drawer of liability on the underlying obligation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q20: The first bank to receive a check
Q21: First Bank pays a forged check on
Q22: An association of banks created for the
Q23: If a bank pays on a check
Q24: A payment order:<br>A) is a sender's instruction
Q26: Each provisional settlement made in the collection
Q27: If a checking account customer's funds are
Q28: Lois takes her paycheck to Third National
Q29: A financial institution is liable to its
Q30: What is electronic funds transfer? Why do