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Course Name
Category
Faculty

Commercial Law/Payment Systems

Business
Randall Mayhew

Survey of the law relating to payment systems, with a major focus on the checking system and Articles 3 and 4 of the Uniform Commercial Code and applicable federal regulations. Topics include the laws and rules relating to electronic funds transfers, credit cards, debit cards, notes, letters of credit and similar payment devices. Also included are discussions of suretyship law and various credit enhancement devices.