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Entries Tagged as 'payment system'

Payment Systems: Indorsements

September 7th, 2017 · Comments Off on Payment Systems: Indorsements · Lawdibles Audio, Negotiable Instruments

This podcast by Professor Jennifer Martin explains what an indorsement is, the different types of indorsements and why they can be important.  Indorsements are covered in Article 3 of the Uniform Commercial Code, which is tested by a number of states on the bar examination. At the conclusion of this podcast, you should be able to […]

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Payment Systems: Indorsement Liability and Transfer and Presentment Warranties

September 7th, 2017 · Comments Off on Payment Systems: Indorsement Liability and Transfer and Presentment Warranties · Lawdibles Audio, Negotiable Instruments

The topic of this podcast by Professor Jennifer Martin is when a party that has suffered a loss can shift the loss to another party who indorsed the instrument or who either transferred or presented an instrument for payment. This is important because oftentimes an examination question will simply ask who is liable, which often […]

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Payment Systems: Introduction

September 7th, 2017 · Comments Off on Payment Systems: Introduction · Lawdibles Audio, Negotiable Instruments

The topic of this podcast by Professor Jennifer Martin is the basic concepts related to payment systems. In particular, this podcast will introduce some of the payment systems, many of which you probably use regularly. At the conclusion of this podcast, you should be able to (1) identify some of the primary payment systems in the […]

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Payment Systems: Credit Cards

September 7th, 2017 · Comments Off on Payment Systems: Credit Cards · Lawdibles Audio, Negotiable Instruments

The topic of this podcast by Professor Jennifer Martin is to introduce the basic attributes of credit cards and how the payment system handles error and fraud. At the conclusion of this podcast, you should be able to (1) identify the primary parties associated with credit card transactions; and (2) identify the applicable legal rules and the […]

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