Overview of Major Topics Covered:
Negotiability; Negotiation; Holders in Due Course Definition; Shelter Rule; Real and Personal Defenses; Jus Tertii; Liability on the Instrument—The Underlying Obligation; Obligations of the Maker, Indorser, Surety, Drawer and Drawee; Personal Liability of Agents; Bank Accounts; Properly Payable Rule; Wrongful Dishonor; Stopping Payment; Stale Checks; Death of Customer; Bank Statement Examination; Setoff Against Account; Bank Collection—Availability of Deposits; Final Payment; Charge Back; Delays; Wrongdoing and Error; Forgery of Payee’s Name (Includes Warranties); Conversion; Forgery of the Drawer’s Name; Alterations; Validation of the Wrongdoing; Imposter Rule; Employer Responsibility for Employees; Negligence; Ratification; Double Forgeries; Electronic Banking—Wire Transfers and Article 4-A; Consumer Credit and Debit Cards; Review Lecture

About the Professor:
Professor Douglas Whaley has won nine outstanding teaching awards and has been voted “Outstanding Professor” at Indiana University—Indianapolis School of Law, University of North Carolina School of Law and Ohio State University, Moritz College of Law where he is Professor Emeritus. In addition to his brilliant teaching credentials, Professor Whaley has authored seven casebooks and is a much-traveled lecturer in the areas of Commercial and Consumer Law. Professor Whaley also provides Sum and Substance CD lectures for Consumer Law and Sale and Lease of Goods.