Brook, James, 1946-

Payment systems : examples & explanations / James Brook. - 4a. ed. - New York : Aspen Publishers, 2010. - xviii, 472 p. : ill. ; 26 cm. - The examples & explanations series . - Examples & explanations series. .

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.

9780735588530 0735588538

2009044548


Sales--United States.
Payment--United States.
Checks--United States.
Point-of-sale systems--Law and legislation--United States.

KF 933 / B871p 2010

346.7307