Law Summaries on Commercial Paper and Payment Law, 17th

The topics covered in this outline include types of commercial paper, negotiability, negotiation, holders in due course, and claims and defenses on negotiable instruments, including real defenses and personal defenses. Also discussed are liability of the parties (including merger rule, suits on the instrument, warranty suits, and conversion), bank deposits and collections, forgery or alteration of negotiable instruments, and electronic banking.