The Glannon Guide to Commercial Paper and Payment Systems: Learning Commerical Paper and Payment Systems Through Multiple-choice Questions and Analysis

Features:

• Integrates multiple-choice questions into a full-fledged review of the first-year Commercial Paper and Payment Systems course
• Lead-up discussion of law in the text prepares students to learn effectively from subsequent questions
• Clear explanations of correct and incorrect answers help to clarify nuances in the law
• Multiple-choice questions are sophisticated but fair, neither too difficult nor unrealistically straightforward
• Equally useful to all students, regardless of whether they will be tested by multiple-choice questions on their exams
• Embodies a far more user-friendly and interactive approach than other exam preparation aids
• A more challenging final question in each chapter (the Closer ) illustrates a more sophisticated problem in the area under discussion
• Closing Closer questions in the last chapter provide practice and helpful review of concepts in earlier chapters
• Valuable exam-taking pointers interspersed within the substantive text

New to the Second Edition:

• Expanded discussion of online payments issues (eBay, PayPal, various online fraud/warranty issues)
• Additional multiple-choice questions, to further illustrate the legal rules
• Discussion and questions related to issues arising from the mortgage crisis, including
  • Whether a promissory note may be enforced if the note is not present (such as in foreclosure)
  • Whether a securitized note may be enforced by an investor in the security
• Updates to address changes in credit card and debit card law
• A new section on the modernization of the check collection system (now every bank is deemed a local bank)