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7300 - Commercial Paper
Professor: Vincene Verdun
Semester: 2012 Autumn
Second Writing Requirement? No
Professional Responsibility? No
Means of Assessment: Exam - Essay and/or Short Essay
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.
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