Connecting law students with their future.

Examples & Explanations for Payment Systems, Fifth Edition

James Brook


  • ISBN: 9781454892298

Lifetime access to the online e-book with interactive questions in the study center at

In Stock

  • Description

    Payment Systems employs the unique, time-tested Examples & Explanations pedagogy that checks students’ comprehension and provides practice in applying information to fact patterns. Lucid explanations of complex and ambiguous areas of the law cover the standard topics in most payment systems courses: Article 3 of the UCC (negotiable instruments); Article 4 (check collection); Article 4A (commercial electronic funds transfers); and credit cards and debit cards. James Brook has extensive teaching and writing experience, including authorship of Wolters Kluwer’s other E&E offerings in commercial law area— Sales and Secured Transactions. His well-crafted, relevant examples progress from simple to more complex issues. Tables, charts, and carefully crafted diagrams illustrate the “route” that a check or note may take as it passes from hand to hand and from bank to bank. “Revision Proposal” boxes cover 2002 proposed amendments to UCC Articles 3 and 4. [Should this be included as a feature or should it be deleted as dated?] A flexible organization adapts readily to different approaches to teaching payment law, and the text remains completely up-to-date with recent developments.

    View More...

  • Details
    Page Count 0
    Published 09/18/2017
  • Additional Product Details

    Summary of Contents

    Part I. The Basic Law of Negotiable Instruments

    Ch. 1. What Is a Negotiable Instrument?

    Ch. 2. Principles of Negotiation and Becoming a Holder

    Ch. 3. Liability on the Negotiable Instrument

    Ch. 4. Issues of Agency

    Ch. 5. Accommodation Parties

    Ch. 6. Effect on the Underlying Obligation

    Part II. The Holder in Due Course

    Ch. 7. Who Qualifies as a Holder in Due Course?

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

    Ch. 9. The Consumer Context

    Part III. The Check Collection System

    Ch. 10. The Traditional Method of Check Collection

    Ch. 11. The Checking Account in the Electronic Age

    Ch. 12. Final Payment

    Ch. 13. Expedited Return Under Regulation CC

    Part IV. The Bank-Customer Relationship

    Ch. 14. The Duty to Pay and Wrongful Dishonor

    Ch. 15. Stopping Payment

    Ch. 16. Funds Availability Under Regulation CC

    Part V. Problems of Theft, Forgery, and Alteration

    Ch. 17. Who Bears the Risk of Theft, Forgery, and Alteration?

    Ch. 18. Special Rules for Special Situations

    Ch. 19. The Bank Statement Rule

    Part VI. Electronic Means of Payment: The Consumer Context

    Ch. 20. Credit Cards

    Ch. 21. Debit Cards and ATM Transactions

    Part VII. Electronic Means of Payment: The Commercial Context

    Ch. 22. Introduction to Commercial Electronic Funds Transfers and Article 4A

    Ch. 23. Security Procedures and the Risk of Theft

    Ch. 24. Errors in Execution

    Table of U.C.C. Citations