Format:
xxii, 1059 pages
Edition:
Second edition
ISBN:
9781628101355
Series Statement:
Hornbook series
Content:
"This book discusses the Uniform Commercial Code (U.C.C.) Articles 3, 4, and 4A in detail. It also explains to what extent provisions and interpretive cases decided prior to the promulgation of Article 4A and prior to the 1990 revision of Articles 3 and 4 are still useful, and why changes made were needed. It discusses issues not generally recognized and treated elsewhere, including the meaning of the new standard of good faith, the relation between 'accountability' and 'final payment, ' and consequences of radical truncation. In addition to the discussion of payment Articles in the Uniform Commercial Code, the book contains up to date discussion of other payment systems like credit and debit card systems, and other payment methods including prepaid cards, PayPal, mobile payments, and virtual currency transfers."--
Content:
The law governing methods of payment and evidences of debt -- Form requirements for negotiable instruments -- Rights on negotiable instruments -- Liability on negotiable instruments : the basic obligors -- Liability on negotiable instruments : accommodation and agency -- Defenses to and discharge of liability on negotiable instruments -- Liability and rights not on the instrument of parties to negotiable instruments -- Article 4: provisional and final payment -- The bank-customer relationship -- UCC Article 4A : funds transfers -- Non-UCC payment systems: credit cards -- Non-UCC payment systems: debit and stored value cards; remittances -- Non-UCC payment systems: ECCHO and ACH; virtual currency -- Non-UCC payment methods: Paypal, internet and mobile -- Appendix I. Selected forms -- Appendix II. Diagram of check collection system, including truncation; compared to debit card, electronic check and stored value systems
Note:
Includes bibliographical references and index
Additional Edition:
Revision of Miller, Frederick H., 1937- Law of modern payment systems St. Paul, MN : Thomson/West, ©2003
Language:
English
Keywords:
USA
;
Zahlungsverkehr
;
Recht
