Question: What is a stop order? 1. A request to stop payments. 2. A permanent payment which keeps running until the account holder stops it. 3.

What is a stop order?

1. A request to stop payments.

2. A permanent payment which keeps running until the account holder stops it.

3. A regular receipt of payments for regular income that does not stop.

4. A regular payment that stops after one year.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Practice Questions!