Jack provides James with a cheque in payment for the delivery of goods.Later,when Jack checks the goods,he realizes that James has delivered the wrong goods.Jack wishes to cancel the cheque.Jack may go to the bank and request a
A)cancel document.
B)negotiable instrument.
C)de-certification order
D)stop payment order.
E)stop payee document.

Question

Quizplus · Accepted Answer

Jack should request a stop payment order from the bank. This will stop the payment of the cheque to James, giving Jack time to sort out the issue with the wrong goods.

Jack Provides James with a Cheque in Payment for the Delivery