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10/17/2014
By Julia Wyman
It has been a busy fall at the Marine Affairs Institute!  In late September, we held our annual “Meet the Bay” trip with our 1Ls.  Save the Bay, a Rhode Island non-profit dedicated to the...

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Payment Systems

Course Number: 
LAW.651
Credits: 
3

This course covers Articles 3 and 4 of the Uniform Commercial Code. It surveys the legal concept of money, negotiability, usury laws, commercial paper and bank credit as a money substitute, doctrines of holder in due course, liability and discharge and paper/electronic transfers. Consideration is given also to letters of credit and documents of title.