LAW-5655 PAYMENT SYSTEMS
This course studies legal problems that arise with certain payment systems in the area of commercial transactions. In this course we explore the law governing negotiable instruments such as promissory notes, checks, and drafts to facilitate payment for goods and services. The relationship of promissory notes to the mortgage foreclosure process will also be covered. In the modern age of payment systems, the law of electronic banking will also be addressed as well as the importance of investment securities and their relationship to Article 3.