Payment systems / by James Brook.
Material type: TextSeries: The examples & explanations seriesPublication details: New York : Wolters Kluwer Law & Business, c2013Edition: 5th edDescription: xvi, 478 p. : ill. ; 26 cmISBN: 9781454817673 (pbk.)Subject(s): Sales -- United States | Payment -- United States | Checks -- United States | Point-of-sale systems -- Law and legislation -- United StatesDDC classification: 346.7307/2 LOC classification: KF933 | .B76 2013Item type | Current library | Collection | Call number | Copy number | Status | Date due | Barcode |
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General Circulation | APU Library Open Shelf | Book | KF933 .B76 2013 c.1 (Browse shelf (Opens below)) | 1 | Available | 00012496 |
Includes index.
What is a negotiable instrument? -- Principles of negotiation and becoming a holder -- Liability on the negotiable instrument -- Issues of agency -- Accommodation parties -- Effect on the underlying obligation -- Who qualifies as a holder in due course? -- Defenses, claims of others, and the holder in due course -- The consumer context -- The traditional method of check collection -- The checking account in the electronic age -- Final payment -- Expedited return under Regulation CC -- The duty to pay and wrongful dishonor -- Stopping payment -- Funds availability under Regulation CC -- Who bears the risk of theft, forgery, and alteration? -- Special rules for special situations -- The bank statement rule -- Credit cards -- Debit cards and ATM transactions -- Introduction to commercial electronic funds transfers and Article 4a -- Security procedures and the risk of theft -- Errors in execution.
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