Examines fundamentals of negotiable instruments (promissory notes and checks), credit cards, wire transfers, letters of credit, and other payment methods often used in general practice and commercial transactions. Topics include the holder-in-due-course doctrine, wrongful dishonor, stop payment, and allocation of losses caused by forgery or alteration. Articles 3, 4, 4A, 5, and 7 of the Uniform Commercial Code are emphasized.
Attendance is mandatory. Reading Assignment for first class posted on Camino. Professor does not allow taping of this class.