Negotiable Instruments & Payment Systems covers Articles 3 and 4 of the Uniform Commercial Code, including the 1991 revisions. The coverage of Article 3 concentrates on negotiability, holder in due course, And The liabilities of various parties to instruments (including forged or altered ones). Article 4 relates to bank deposits and collections, with special treatment of electronic funds transfers, credit cards, and letters of credit. Professor Gillette...
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