Course Information

605 V - Commercial Paper

Professor: Vincene Verdun
Credits: 3
Semester: 2009 Winter
Second Writing? No
Seminar? No
Professional Responsibility? No

This course focuses on Articles 3 and 4 of the Uniform Commercial Code (UCC), which deals with promissory notes and checking accounts. Topics for promissory notes include negotiability, holder in due course, co-signer liability, and conversion. The course reviews liability, endorsement, forgery and alteration, postdating and stop payment of checks, as well as the check payment/collection system. Some attention will be given to The Expedited Funds Availability Act, The Electronic Transfer Act, and to a lesser extent Regulation Z and the Truth in Lending Act, as they relate to credit cards. NOTE: Commercial Paper is one of the three topics typically covered in a year-long Commercial Law course when it is offered (659). Students who take Commercial Paper cannot take Commercial Law, and vice-versa.

• EXAM: ESSAY AND/OR SHORT ESSAY

The course materials listed above are for informational purposes only and should not be considered final. Students must check with the Registrar for a current list of closed courses.