This lesson addresses two questions: (1) What is a negotiable instrument? (2) Why does it matter if something is a negotiable instrument? This lesson can be used to introduce you to the topic of negotiable instruments and to these two subjects. It can also be used to review and reinforce knowledge you have already acquired.
Read moreThis lesson introduces the student to the doctrine and processes involved in interpreting state and federal statutes. Statutes are a critical part of every substantive area of the law, so this is important background for every student, legal professional, lawyer and judge.
Read moreThis podcast will introduce you to the protection afforded a holder in due course from defenses to payment arising from personal defenses.
Read moreThis podcast discusses the real defenses that can be asserted by an obligor against a holder in due course seeking payment on an instrument.
Read moreThe topic of this podcast is the different basic vocabulary and parties you may see when considering a negotiable instrument under Article 3 of the Uniform Commercial Code. Article 3 is tested on a number of bar examinations.
Read moreThe topic of this podcast is the obligations and rights of accommodation parties and accommodated parties under Article 3 of the Uniform Commercial Code (U.C.C.), including issues that arise with respect to the settlement of the obligati
Read moreThis lesson will teach you the sometimes confusing rules governing negotiation of instruments under Article 3 of the UCC. Among other things, you will learn what one needs to do to become a holder of an instrument, how instruments are negotiated, and what is necessary for an effective indorsement. If you are already familiar with this material, the lesson can be completed quickly, giving you a good pre-exam review and pointing out any weaknesses in your knowledge.
Read moreThe goal of this lesson is to introduce the basic documents involved in a letter of credit transaction by studying one particular transaction.
Read moreThis lesson is designed to be used either as an introduction or as a review of the parties who are involved with negotiable instruments governed by Article 3 of the Uniform Commercial Code. This lesson will teach you to identify the various players who are involved in the use of negotiable instruments. It can be used to introduce you to these players, help you sort them out, or to reinforce what you already understand.
Read moreBank debit cards (sometimes called bank cards or ATM cards) may look like credit cards, but they do not typically have the same features or provide the same protections against loss. Debit cards are associated with a checking (or savings) account owned by the customer. In this lesson we will look at issuance of debit cards, disclosure requirements, imposition of overdraft fees, and the handling of errors and losses on debit cards.
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