The Law of Modern Payment Systems or Countervailing Forces in African American Civic Activism 1973 1994

The Law of Modern Payment Systems (Hornbook Series)

Author: Frederick H Miller

Hornbook on the Law of Modern Payment Systems and Notes discusses UCC Articles 3, 4 and 4A in detail, and explains to what extent provisions and interpretive cases decided prior to the promulgation of Article 4A and prior to the 1990 revision of Articles 3 and 4 are carried over, and thus are still useful, and why changes made were needed. The book discusses a number of issues not generally recognized and treated elsewhere, including the meaning of the new standard of good faith, the relation between "accountability" and "final payment," and consequences of radical truncation. The book also extensively treats related other law, such as Regulations CC and DD and consumer law, and its relation to the provisions of the UCC, and also the rules for other payment systems, including credit and debit cards, stored value devices and so-called "e-checks."

Table of Contents:

The Law Governing Methods of Payment and Evidences of Debt

Form Requirements for Negotiable Instruments

Rights on Negotiable Instruments

Liability on Negotiable Instruments: The Basic Obligors

Liability on Negotiable Instruments: Accommodation and Agency

Defenses to and Discharge of Liability on Negotiable Instruments

Liability and Rights Not on the Instrument of Parties to Negotiable Instruments

Article 4: Provisional and Final Payment

The Bank–Customer Relationship

UCC Article 4A—Funds Transfers Non–UCC Payment Systems

Book review: Marshalls Tendencies or English Culture and the Decline of the Industrial Spirit 1850 1980

Countervailing Forces in African-American Civic Activism 1973 - 1994

Author: Fredrick C Harris

The changes in black activism since the civil rights movement can be characterized by a tug-of-war between black political power on one side and economic conditions in black communities on the other according to this study. As blacks gain greater access and influence within the political system, black participation in political activities increases while downward turns in the economic conditions of black communities produce less civic involvement in black communities. Examining changes in black activism from the early 1970s to the 1990s, this tug-of-war demonstrates that the quest for black political empowerment and the realities of economic and social life act as countervailing forces.