TY - BOOK AU - Brook,James TI - Payment systems T2 - The examples & explanations series SN - 9781454817673 (pbk.) AV - KF933 .B76 2013 U1 - 346.7307/2 23 PY - 2013/// CY - New York : PB - Wolters Kluwer Law & Business KW - Sales KW - United States KW - Payment KW - Checks KW - Point-of-sale systems KW - Law and legislation N1 - 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 ER -