Author Description

Payments and Credits provides detailed information on negotiable instruments, payments, and credits. The Sixth Edition updates the material on Revised Articles 3 (Negotiable Instruments), 4 (Bank Deposits and Collections), 5 (Letters of Credit) and 8 (Investment Securities), as well as new Article 4A (Funds Transfers). New Problems and Notes are integrated with cases to allow convenient treatment of statutory innovations. Relevant federal law is considered throughout.