Brendan prepared a cheque payable to Joey and placed it in the pocket of his coat. Later in the day, while shopping, his coat was stolen. Brendan may contact the bank upon which the cheque was drawn, and countermand payment of the cheque. The bank must thereafter refuse payment of the cheque if it should be presented for payment.

Question

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Brendan has the right to stop payment on the cheque by contacting his bank and issuing a stop payment order, which legally obligates the bank to refuse payment if the cheque is presented.

Brendan Prepared a Cheque Payable to Joey and Placed It