Reading: (CU2 M1) Negotiable Instruments
Read the following articles:
Cornell University: Legal Information Institute’s “Negotiable Instruments” (Links to an external site.)Links to an external site. (PDF)
Read this brief overview of negotiable instruments.
Be sure to click on the link to Article 3 of the Uniform Commercial Code (UCC) (Links to an external site.)Links to an external site. for an explanation of the law in the United States governing negotiable instruments. (www.law.cornell.edu holds copyright, Webpage use permitted by terms of service https://www.law.cornell.edu/lii/terms/documentation (Links to an external site.)Links to an external site.)
Reference for Business: Encyclopedia of Business, 2nd ed.: David P. Bianco’s “Negotiable Instruments” (Links to an external site.)Links to an external site. (Webpage)
Read this concise overview of the law of negotiable instruments. Again, note that in the United States negotiable instruments are governed by the UCC, Article 3. Ask yourself why strong laws related to negotiable instruments are so important in the modern business world. In addition, consider the important ways in which negotiable instruments as defined by Article 3 of the UCC differ from traditional contracts.