The topic of this podcast, by Professor Jennifer Martin, is the relationship between the liability that parties have on an underlying contractual obligation and an instrument that is taken as payment for the same obligation, including using an instrument to achieve an accord and satisfaction as to a contractual dispute. For example, an individual enters […]
Entries Tagged as 'negotiable instrument'
Payment Systems: Effect of the Instrument on the Underlying Obligation
September 11th, 2017 · Comments Off on Payment Systems: Effect of the Instrument on the Underlying Obligation · All Posts, Lawdibles Audio, Negotiable Instruments
Tags:3-310·3-311·accord and satisfaction·Article 3·law school·negotiable instrument·UCC
Payment Systems: Who Can Bring a Claim on a Negotiable Instrument
September 7th, 2017 · Comments Off on Payment Systems: Who Can Bring a Claim on a Negotiable Instrument · Lawdibles Audio, Negotiable Instruments
The topic of this podcast by Professor Jennifer Martin is the basics of who can bring which claims on a negotiable instrument and against whom. This is important because oftentimes an examination question will simply ask who is liable. But in practice and sometimes on an examination you will have to answer as to the […]