Mastering Negotiable Instruments (UCC Articles 3 and 4) and Other Payment Systems

Mastering Negotiable Instruments (UCC Articles 3 and 4) and Other Payment Systems PDF Author: Michael D. Floyd
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 236

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Book Description
Mastering Negotiable Instruments (UCC Articles 3 and 4) and Other Payment Systems explains the essential concepts in the law governing payment systems. The book focuses primarily on the prototypical payment systems that for centuries have used negotiable instruments: notes, checks, and other types of drafts. It explores the rules and mechanisms that regulate transactions in negotiable instruments from issue to collection. Study of the rules starts with UCC Article 3 (governing negotiable instruments generally) and Article 4 (governing check collection), but also requires consideration of federal statutes such as the Expedited Funds Availability Act, the new Check Clearing for the 21st Century Act, and related federal regulations. The book also explores the largely federal law governing newer payment systems that have evolved from negotiable instruments, such as credit cards and debit cards. "I am a 2L at Rutgers School of Law and this has been an invaluable guide as I prepare for my Intro to UCC final exam. After reading numerous outlines and guides, this has been the most straightforward and concise book I have ever read. Thank you again for an excellent, well laid out guide." -- Josh Bandes "Over the years, I have practiced in the bankruptcy and commercial litigation areas. In late 2009, I decided to become involved in foreclosure defense work. It soon became apparent that I needed a refresher course in Articles 3 and 4 of the UCC. I was lucky to find Professor Floyd's book entitled, 'Mastering Negotiable Instruments' published by Carolina Academic Press. Professor Floyd's treatment of the subject matter is thorough, but at the same time, readable and understandable. Each chapter begins with a roadmap of subjects to be discussed and ends with a checklist which summarizes the main points. I still refer to the book frequently to confirm my research. After reading the book, I may not have been ready to teach a course on negotiable instruments, but I was certainly able to hold my own in court." -- Kevin Hanly, Esq.

The ABCs of the UCC

The ABCs of the UCC PDF Author: Stephen C. Veltri
Publisher:
ISBN: 9781627229630
Category : Bank deposits
Languages : en
Pages : 187

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Book Description
This book is a wonderful introduction to negotiable instruments, checks and more modern payment systems. It covers recent developments such as the mortgage crisis, the transition of check collections from paper to digital images, the growth in the use of debit cards and stored value cards as payment devices, payments made over the internet through non-bank intermediaries and mobile payments. The Third Edition covers all significant developments in the 21st century relating to Articles 3 and 4 of the UCC. A valuable resource that will benefit both lawyers and law students.

The End of Negotiable Instruments

The End of Negotiable Instruments PDF Author: James Steven Rogers
Publisher: Oxford University Press
ISBN: 0199856222
Category : Law
Languages : en
Pages : 274

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Book Description
In The End of Negotiable Instruments: Bringing Payments Systems Law Out of the Past, author James Rogers challenges the basic assumptions of the law of checks and notes and its history, and provides a well-reasoned account of how the law could be changed to better suit the evolution of new payment technologies. The modern American law of payment systems is in disarray. Efforts to create a unified body of law for payment systems have so far been unsuccessful. Part of the reason for that failure is the assumption that the existing law works well for the traditional paper-based check system, and that problems have been created only by the evolution of new technologies. The End of Negotiable Instruments argues that this assumption is unfounded. The basic law of checks is itself anachronistic. There are no other books that undertake a similar analysis—there are legal treatises on the law of checks and notes, but all of them take for granted the basic assumptions challenged in this book. Several articles were published in the late twentieth century concerning the dispute over the application of certain doctrines of traditional negotiable instruments law to modern consumer finance transactions, but none of this literature went on to consider the broader question of whether there is anything worthwhile left in negotiable instruments law.

The Law of Modern Payment Systems and Notes

The Law of Modern Payment Systems and Notes PDF Author: Frederick H. Miller
Publisher: Anderson Publishing Company (OH)
ISBN:
Category : Business & Economics
Languages : en
Pages : 856

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Book Description
This text provides a handy reference to the Uniform Commercial Code, Articles 3 and 4. It discusses the issues on which the statute is vague, or those that are subject to differences of opinions. It also discusses relevant caselaw and the official comments. Featured is a chapter reviewing the basics of statutory law governing other payment systems such as credit cards and electronic transfer of funds.

Payment Systems

Payment Systems PDF Author: James Brook
Publisher: Aspen Law & Business
ISBN: 9780735562424
Category : Law
Languages : en
Pages : 0

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Book Description
The Third Edition of this highly accessible and well-written study aid has been completely updated. It offers: - comprehensive coverage of the standard topics in most payment systems courses, including Article 3 of the UCC (negotiable instruments); Article 4A (check collection); Article 4A (commercial electronic funds transfers); consumer funds transfers; and credit cards - notably lucid explanations of complex or ambiguous areas of the law - well-crafted, accessible, and relevant examples that progress from simple to more complex - visual aids -- flow charts and images of sample commercial instruments -- that help clarify complex transactions - Revision Alert boxes covering proposed amendments to UCC Articles 3 and 4 - parallel cites to the old and the new UCC Article 1 New to this edition: - recent developments in the area of check collection -- the author explores the tremendous impact the advent of various new electronic means of collection has had on this area of payment systems - new chapter on twenty-first century check payment describes recent developments in this area, including the new federal Check 21 Act - updated cases, examples, and explanations

Principles of Payment Systems

Principles of Payment Systems PDF Author: James J. White
Publisher:
ISBN: 9781642426410
Category :
Languages : en
Pages :

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Book Description


Payment Systems and Other Financial Transactions

Payment Systems and Other Financial Transactions PDF Author: Ronald J. Mann
Publisher: Aspen Publishing
ISBN:
Category : Law
Languages : en
Pages : 677

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Book Description
Written by Ronald J. Mann, one of the country’s leading Commercial Law scholars, Payment Systems and Other Financial Transactions continues to deliver clear, detailed practical explanations of how payment systems actually work. Using a systems approach, the text and problems focus on rules that are applied in practice. Easily adapted to any 50-minute, 75-minute, or two-hour long class, this casebook is suitable for use in courses on Payment Systems, Negotiable Instruments, or Commercial Paper. New to the Eighth Edition: UCC Article 12, establishing rules for transactions in cryptocurrency and other controllable electronic records CitiBank v Brigade Capital Mgmt – the notorious “mistaken” wire transfer decision Updates to the cases on credit card fraud, including Singer v Chase Manhattan Bank and Hassan v Chase Bank Professors and students will benefit from: Easy to teach; class sessions flow naturally from problem sets Coverage of the things students actually want to learn, that they will encounter in practice Assignment structure makes it easy to pick and choose topics for the syllabus Teaches the things students need to know to succeed in clerkships and jobs Self-contained assignments makes preparation easy Problem sets focus attention to the issues that matter

The Law of Modern Payment Systems

The Law of Modern Payment Systems PDF Author: Frederick H. Miller
Publisher: West Academic Publishing
ISBN: 9780314260185
Category : Negotiable instruments
Languages : en
Pages : 0

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Book Description
This book discusses the Uniform Commercial Code (U.C.C.) Articles 3, 4, and 4A in detail. It also explains to what extent provisions and interpretive cases decided prior to the promulgation of Article 4A and prior to the 1990 revision of Articles 3 and 4 are still useful, and why changes made were needed. It discusses issues not generally recognized and treated elsewhere, including the meaning of the new standard of good faith, the relation between "accountability" and "final payment," and consequences of radical truncation.

Negotiable Instruments and Other Payment Systems

Negotiable Instruments and Other Payment Systems PDF Author: Wayne K. Lewis
Publisher: LexisNexis
ISBN: 9781422421857
Category :
Languages : en
Pages : 0

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Book Description
This new, primarily problem-based text comprehensively covers the concepts and intricacies of negotiable instruments, while also providing substantial analysis and materials regarding the bank-customer relationship and alternative payments systems, including credit cards and electronic funds transfers. The authors are both award-winning teachers who believe that the course should train students to read and interpret statutes, to recognize relevant facts, and to apply the statutory rules to such facts in ways that demonstrate the students' sensitivity to ambiguities in the rules and in the facts. Consequently, the text provides a plentiful supply of carefully crafted problems designed to enable students to develop these skills while mastering the substance of negotiable instruments law. The accompanying Teacher's Manual (available only to professors) gives clear answers to each of the problems and offers many helpful pedagogic suggestions. The text is fully current and examines the important issues raised by recent revisions to the UCC. In addition, the text contains several extremely valuable and user-friendly appendices, including a full glossary, which should make it largely unnecessary for an instructor to recommend any non-statutory supplements.

Payment Systems

Payment Systems PDF Author: James Brook
Publisher: Aspen Law & Business
ISBN: 9780735588530
Category : Law
Languages : en
Pages : 0

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Book Description
With humor and wit, James Brook writes clear and engaging introductionsto the concepts and sources of payment systems, along with examples andexplanations that illustrate their application. Examples & Explanations:Payment Systems, now in its Fourth Edition, provides a complete overviewof its subject and the proven-effective Examples & Explanationspedagogy that allows students to test their knowledge and practice applyingthe law.Updated throughout, the Fourth Edition of Examples & Explanations:Payment Systems features:the Examples & Explanations pedagogy —clear introductory textfollowed by thoughtful example problems with complete answers and analysisa disarming writing style with notably lucid explanations ofcomplex and ambiguous areas of the lawcomprehensive coverage that mirrors the standard topics in most paymentsystems coursesArticle 3 of the UCC (negotiable instruments)Article 4 (check collection)Article 4A (commercial electronic funds transfers)credit cards and debit cardsRefreshed and updated examples and explanationsAuthor of three popular books in the Examples & Explanationsseries, including Examples & Explanations: Sales and Leases, Fifth Editionand Examples & Explanations: Secured Transactions, Fourth Edition,James Brook brings a wealth of teaching and writing experience to each page.Anyone seeking a thorough overview of payment law—or practice applying theconcepts—will find it here in the fourth edition of Examples &Explanations: Payment Systems .