PART ONE:THE BASIC LAW OF NEGOTIABLE INSTRUMENTS 1
1.What Is a Negotiable Instrument? 3
2.Principles of Negotiation and Becoming a Holder 23
3.Liability on the Negotiable Instrument 35
4.Issues of Agency 51
5.Accommodation Parties 71
6.Effect on the Underlying Obligation 95
PART TWO:THE HOLDER IN DUE COURSE 107
7.Who Qualifies as a Holder in Due Course? 109
8.Defenses,Claims of Others,and the Holder in Due Course 127
9.The Consumer Context 141
PART THREE:THE CHECK COLLECTION SYSTEM 153
10.The Basic Scheme of Check Collection 155
11.Final Payment 177
12.Expedited Return Under Regulation CC 191
PART FOUR:THE BANK CUSTOMER RELATIONSHIP 211
13.The Duty to Pay and Wrongful Dishonor 213
14.Stopping Payment 227
15.Funds Availability Under Regulation CC 243
PART FIVE:PROBLEMS OF THEFT,FORGERY,AND ALTERATION 253
16.Who Bears the Risk of Theft,Forgery,and Alteration? 255
17.Special Rules for Special Situations 281
18.The Bank Statement Rule 301
PART SIX:ELECTRONIC MEANS OF PAYMENT:THE CONSUMER CONTEXT 313
19.Credit Cards 317
20.Debit Cards and ATM Transactions 317
PART SEVEN:ELECTRONIC MEANS OF PAYMENT:THE COMMERCIAL CONTEXT 343
21.Introduction to Commercial Electronic Funds Transfers and Article 4A 345
22.Security Procedures and the Risk of Theft 365
23.Errors in Execution 375
Table of U.C.C.Citations 387
Index 389