An Introduction to Payment Systems (Introduction to Law Series)

Author: Lary Lawrence
Published: July 1997
Publisher: Aspen Publishers, Inc.
ISBN: 1567064922
Paperback Book
Number of Pages: 1124

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Lary Lawrence uses a straightforward approach, careful explanations, and copious examples to make the law of payment systems accessible to students. By placing the rules in their proper business context, he shows how they operate in the real world, while avoiding oversimplification and encouraging solid understanding. INTRODUCTION T PAYMENT SYSTEMS covers the three types of payment systems that do not involve cash: negotiable instruments (including promissory notes) electronic funds transfers credit cards. There are five major areas of coverage: Articles 3 and 4 of the Uniform Commercial Code on negotiable instruments and the bank collection process Federal Reserve Regulation CC covering the bank collection process and funds availability Article 4A covering Wholesale Fund Transfers The Law of Credit Cards The Law of Consumer Electronic Funds Transfers. Lawrence's explanation of the bank collection process is particularly effective. And, helpful diagrams, apt examples, and lucid text make Lawrence's paperback the reference of choice. Click to compare book prices for An Introduction to Payment Systems (Introduction to Law Series) An Introduction to Payment Systems (Introduction to Law Series)

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