Publisher's Synopsis
Lary Lawrence uses a straightforward approach, careful explanations, and copious examples to make the law of payment systems accessible to students. By placing the rules in their proper business context, he shows how they operate in the real world, while avoiding oversimplification and encouraging solid understanding. <b>Introduction to Payment Systems</b> includes five major areas of coverage: <li class=copymedium>Articles 3 and 4 of the Uniform Commercial Code on negotiable instruments and the bank collection process <li class=copymedium>Federal Reserve Regulation CC covering the bank collection process and funds availability <li class=copymedium>Article 4A covering Wholesale Fund Transfers <li class=copymedium>The Law of Credit Cards <li class=copymedium>The Law of Consumer Electronic Funds Transfers</ul> <p class=copymedium>Helpful diagrams, apt examples, and lucid text make <b>Introduction to Payment Systems</b> the reference of choice.
