Payment Systems and Other Financial Transactions: Cases, Materials and Problems, 4th Edition

<p> In <b>Payment Systems, Fourth Edition</b>, luminary commercial law scholar Ronald Mann offers in-depth, forward-thinking coverage that includes traditional topics as well as debit cards, ACH transactions, and Internet payments. Elegantly clear and precise explanations pave the way for well-crafted, hands-on problem exercises that give students practice applying complex concepts in realistic hypothetical scenarios. The modular chapter structure that includes 25 assignments may be easily adapted to a wide range of teaching styles and approaches. </p> <p> <b>Featured in Payment Systems</b>: </p> <ul> <li> <b>extraordinary authorship </b>— Mann is one of the country’s leading commercial-law scholars and recently served as the reporter for the amendments to Articles 3 and 4 of the Uniform Commercial Code. </li> <li> <b>unparalleled coverage</b>, including not only traditional coverage of negotiability but also: <ul> <li> Checks, Credit Cards, Debit Cards </li> <li> Electronic Payments such as ACH Transactions and Wire Transfers </li> <li> Advanced Payments transactions involving letters of credit, documentary drafts, and guaranties </li> <li> Securities </li> </ul> </li> </ul> <ul> <li> <b>the System Approach</b> that includes detailed practical explanations of how payment systems actually work, and analysis built around those explanations </li> <li> <b>text and problems</b> that focus on the rules that are applied in practice </li> <li> <b>problem-based pedagogy </b>— realistic problems that cover the major points that should be mastered for each topic </li> <li> <b>flexible modular organization</b> of chapters and assignments </li> <li> <b>detailed</b> and <b>up-to-date Teacher’s Manual</b> </li> </ul> <p> <b>New to the Fourth Edition</b>: </p> <ul> <li> <b>important new cases</b> such as: <ul> <li> <b><i>U.S. Bank N.A. v. HMA, L.C</i></b>. regarding the interaction among clearinghouse rules, Regulation CC, and the UCC </li> <li> <b><i>CitiBank v. Mincks,</i></b> illustrating the limitation of TILA (Truth in Lending Act) to consumer transactions </li> <li> <b><i>New Century Financial Services v. Dennegar</i></b> and <b><i>DBI Architects v. American Express</i></b> regarding liability for unauthorized use of credit card accounts </li> <li> <b><i>Winter Storm Shipping v. Thai Petrochemical</i></b> and <b><i>Provident Bank v. Regions Bank</i></b> on the nature of wire transfers </li> </ul> </li> </ul> <ul> <li> <b>new</b> and <b>updated problems</b> </li> <li> increased coverage of <b>wire transfers</b> </li> <li> <b>substantially reorganized and updated</b> chapters on <b>credit enhancement</b> and <b>letters of credit</b>, including both commercial and standby letters of credit, to reflect changes from UCP500 to UCP600 </li> </ul> <p> Systematically examining the legal systems that govern payment transactions, <b> Payment Systems, Fourth Edition</b>, is an ideal choice for courses on Payment Systems, Negotiable Instruments, or Commercial Paper. A lifeline for professors teaching this subject for the first time, Ronald Mann’s comprehensive and up-to-date Teacher’s Manual offers guidance for structuring the assignments around a 50-minute, 75-minute, or two-hour long class, as well as answers and analysis for all of the problems in the book. </p> <p> </p> <p> </p> <p> </p>