In this podcast, Professor Jennifer Martin addresses three situations where employers have responsibility for employee fraud related to instruments: (1) where there is a fraudulent indorsement on an instrument either sent to the employer or issued by the employer; (2) where the employee has fraudulently caused the issuance of instruments by the employer; and (3) […]
Entries Tagged as 'Negotiable Instruments'
Payment Systems: Employer Responsibility
September 11th, 2017 · Comments Off on Payment Systems: Employer Responsibility · Lawdibles Audio, Negotiable Instruments
Tags:Article 3·checks·employee fraud·indorsement·law school·promissory note·UCC
Payment Systems: Imposters and Fictitious Payees
September 11th, 2017 · Comments Off on Payment Systems: Imposters and Fictitious Payees · Lawdibles Audio, Negotiable Instruments
The topic of this podcast, by Professor Jennifer Martin, is who has responsibility for losses involving imposters and fictitious payees. This topic deals with instruments, typically paper checks and promissory notes. Most individuals don’t use paper checks very often, but checks and promissory notes are still used in many transactions, particularly larger ones. Moreover, financial […]
Payment Systems: Holders
September 11th, 2017 · Comments Off on Payment Systems: Holders · Lawdibles Audio, Negotiable Instruments
In this podcast, Professor Jennifer Martin explains who a holder is, how someone becomes a holder, and why it is important. This topic deals with instruments, typically paper checks and promissory notes. While we might not use instruments frequently, checks and promissory notes are still used in many transactions, particularly larger ones. Moreover, financial fraud remains […]
Tags:Article 3·holder·law school·UCC
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 […]
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 […]
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 […]
Tags:law school·payment system
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 […]
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 […]
Payment Systems: Debit Cards
September 7th, 2017 · Comments Off on Payment Systems: Debit Cards · Lawdibles Audio, Negotiable Instruments
This podcast by Professor Jennifer Martin introduces students to the basic attributes of debit cards and how the payment system handles error and fraud. Debit cards are governed by the rules of the federal government’s Consumer Financial Protection Bureau (CFPB) contained in Regulation E. This podcast discusses Regulation E, including issuance of debit cards, disclosures, liability for unauthorized […]
