Payment Systems: Examples and Explanations Book

Table of Contents

Preface

Acknowledgements

Introduction

PART ONE: THE BASIC LAW OF NEGOTIABLE INSTRUMENTS

1. What is a Negotiable Instruments?

2. Principles of Negotiation and Becoming a Holder

3. Liability on the Negotiable Instrument

4. Issues of Agency

5. Accommodation Parties

6. Effect on the Underlying Obligation

PART TWO: THE HOLDER IN DUE COURSE

7. Who Qualifies as a Holder in Due Course?

8. Defenses, Claims of Others, and the Holder in Due Course

9. The Consumer Context

PART THREE: THE CHECK COLLECTION SYSTEM

10. The Basic Scheme of Check Collection

11. Final Payment

12. Expedited Return Under Regulation CC

PART FOUR: THE BANK CUSTOMER RELATIONSHIP

13. The Duty to Pay and Wrongful Dishonor

14. Stopping Payment

15. Funds Availability Under Regulation CC

PART FIVE: PROBLEMS OF THEFT, FORGERY, AND ALTERATION

16. Who Bears the Risk of Theft, Forgery, and Alteration?

17. Special Rules for Special Situations

18. The Bank Statement Rule

PART SIX: ELECTRONIC MEANS OF PAYMENT: THE CONSUMER CONTEXT

19. Credit Cards

20. Debit Cards and ATM Transactions

PART SEVEN: ELECTRONIC MEANS OF PAYMENT: THE COMMERCIAL CONTEXT

21. Introduction to Commercial Electronic Fund Transfers and Article 4A

22. Security Procedures and the Risk of Theft

23. Errors in Execution

Table of UCC Sections

Index