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Law 881 Payment Systems

Credits: 
2

Professor(s): 

This course will focus on the basics of payment transactions using checks and other negotiable instruments. The course will cover the concepts of good faith purchase, negotiability, the rights of a holder in due course of a negotiable instrument and risk of loss from theft or fraud. These topics are governed by Articles 3 and 4 of the Uniform Commercial Code and related federal regulations.

 

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