Payment Systems: Examples & Explanations

By James Brook

Book Overview

The Third Edition of this highly accessible and well-written study aid has been completely updated. It offers: - comprehensive coverage of the standard topics in most payment systems courses, including Article 3 of the UCC (negotiable instruments); Article 4A (check collection); Article 4A (commercial electronic funds transfers); consumer funds transfers; and credit cards - notably lucid explanations of complex or ambiguous areas of the law - well-crafted, accessible, and relevant examples that progress from simple to more complex - visual aids -- flow charts and images of sample commercial instruments -- that help clarify complex transactions - Revision Alert boxes covering proposed amendments to UCC Articles 3 and 4 - parallel cites to the old and the new UCC Article 1 New to this edition: - recent developments in the area of check collection -- the author explores the tremendous impact the advent of various new electronic means of collection has had on this area of payment systems - new chapter on twenty-first century check payment describes recent developments in this area, including the new federal Check 21 Act - updated cases, examples, and explanations

• Format: Paperback
• Language: English
• ISBN: 0735562423
• ISBN13: 9780735562424
• Release Date: March 2007
• Publisher: Aspen Publishers
• Length: 466 Pages
• Weight: 1.95 lbs.
• Dimensions: 9.8" x 1.3" x 6.8"

Customer Reviews

Excellent Service

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This is a great introduction to commercial paper!

I have to disagree with the last reviewer. This book was thorough, and handled commercial paper in a simply and easy to understand way. I didn't take commercial paper in law school, and was completely unfamiliar with the lay of the land. This book was an excellent starting point and covered all the basics necessary to do well on the bar exam. If you are like the last reviewer, and already have a solid enough grasp on the subject matter to be able to nitpick discrepancies between different versions of the UCC, then this might not be a good book for you. But if you are simply looking for a solid introduction to the subject, I highly recommend this book. Considering how lost I was in commercial paper, it was a godsend!