Written by Ronald J. Mann, one of the country’s leading Commercial Law scholars, Payment Systems and Other Financial Transactions continues to deliver clear, detailed practical explanations of how payment systems actually work. Using a systems approach, the text and problems focus on rules that are applied in practice. Easily adapted to any 50-minute, 75-minute, or two-hour long class, this casebook is suitable for use in courses on Payment Systems, Negotiable Instruments, or Commercial Paper.

New to the Eighth Edition:

• UCC Article 12, establishing rules for transactions in cryptocurrency and other controllable electronic records
• CitiBank v Brigade Capital Mgmt – the notorious “mistaken” wire transfer decision
• Updates to the cases on credit card fraud, including Singer v Chase Manhattan Bank and Hassan v Chase Bank

Professors and students will benefit from:

• Easy to teach; class sessions flow naturally from problem sets
• Coverage of the things students actually want to learn, that they will encounter in practice
• Assignment structure makes it easy to pick and choose topics for the syllabus
• Teaches the things students need to know to succeed in clerkships and jobs
• Self-contained assignments makes preparation easy
• Problem sets focus attention to the issues that matter