Sum and Substance Audio on Payment Systems

This audio lecture provides the essentials on commercial paper and payment law, including negotiable instrument types, holder-in-due-course, real and personal defenses, and jus tertii. It explores contracts, obligations, suretyship, agent signatures, and Article 4. Addresses banks and their customers, properly payable rule, wrongful dishonor, stopping payment, death of customer's subrogation, bank statements, and contract of deposit. It also examines offset, check collection, final payment, Expedited Funds Availability Act, delays, forgery, alteration, impostor rule, negligence rule, wire transfers, and Electronic Fund Transfers Act.