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J: mbudnitz CLASS Com Paper 2009 Add Mat - Georgia State - law gsu

J: mbudnitz CLASS Com Paper 2009 Add Mat - Georgia State - law gsu-2025

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The document titled 'Commercial Paper and Payment Systems' by Professor Mark Budnitz provides a comprehensive overview of the Uniform Commercial Code (UCC) as it relates to commercial paper, including checks, promissory notes, and electronic fund transfers. It covers definitions, transaction processes, legal obligations of banks and consumers, liability issues, and consumer protections under various regulations such as Regulation CC and the Electronic Fund Transfers Act. The document also discusses specific cases and problems related to check transactions, overdrafts, and the implications of recent legislative changes like the Check 21 Act.

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