Problems and Materials on Commercial Paper |
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Page 130
... effect from mere acceptance of bills other than checks , in that it is not an added obligation but a substituted obligation . Although section 323 provides that " certifica- tion is equivalent to an acceptance , " the meaning is merely ...
... effect from mere acceptance of bills other than checks , in that it is not an added obligation but a substituted obligation . Although section 323 provides that " certifica- tion is equivalent to an acceptance , " the meaning is merely ...
Page 325
... effect that , in the event the vendor in good faith assigned and transferred the contract and the moneys payable thereunder to a third party , the ven- dee should be precluded from attacking the validity of the contracts for want or ...
... effect that , in the event the vendor in good faith assigned and transferred the contract and the moneys payable thereunder to a third party , the ven- dee should be precluded from attacking the validity of the contracts for want or ...
Page 453
... Effect on drawee's right to charge draw- er's account , 53 , 250 . Effect on indorsement contract , 192 . Insurance against , 74-75 , 447-452 . Negligence , Contributing to , 53-60 , 93–94 . In discovering , 84-94 . Warranties against ...
... Effect on drawee's right to charge draw- er's account , 53 , 250 . Effect on indorsement contract , 192 . Insurance against , 74-75 , 447-452 . Negligence , Contributing to , 53-60 , 93–94 . In discovering , 84-94 . Warranties against ...
Common terms and phrases
accepted Acme Machine action agent agreement altered amount appeal Arthur Adams assignment authority bank's bill of lading blank Bowl-Mor Byer Byer's cash cashier's check certification charge check drawn check payable checking account Citations omitted claim Clovis collecting bank Commercial Paper Company contract Crest damages delivered deposit Depositary Bank depositor draft drawee bank due course employee facts faith forgery funds Grocery holder in due indorsement Insured Intermediary Bank issued judgment jury liability loan loss ment National Bank negligence negotiable instrument negotiated the check Niederberger Nordstrom notice obligation paid party payee payee's payor bank person Peter Pringle Corporation plaintiff pre-Code presented the check Problem properly provides purchase question Read section reason received recover refused rule Seller signature signed statute stopped payment subsection supra tion took the check transaction transfer trial court Trust Uniform Commercial Code warranties Westmont Worthington Bank