The fact that payment on a check has been stopped does not affect its negotiable character.

Name: The fact that payment on a check has been stopped does not affect its negotiable character.
Brand: Quizplus
Rating: 4.9 (55 reviews)

Question

Quizplus · Accepted Answer

Stopping payment on a check only means that the bank will not honor the check if it is presented for payment. However, the check remains a negotiable instrument, meaning it can still be legally transferred or endorsed to another party.

The Fact That Payment on a Check Has Been Stopped