With humor and wit, James Brook writes clear and engaging introductions to the concepts and sources of payment systems, along with examples and explanations that illustrate their application. Examples & Explanations: Payment Systems, now in its Fourth Edition, provides a complete overview of its subject and the proven-effective Examples & Explanations pedagogy that allows students to test their knowledge and practice applying the law. Updated throughout, the Fourth Edition of Examples & Explanations: Payment Systems features: the Examples & Explanations pedagogy—clear introductory text followed by thoughtful example problems with complete answers and analysis a disarming writing style with notably lucid explanations of complex and ambiguous areas of the law comprehensive coverage that mirrors the standard topics in most payment systems courses Article 3 of the UCC (negotiable instruments) Article 4 (check collection) Article 4A (commercial electronic funds transfers) credit cards and debit cards Refreshed and updated examples and explanations Author of three popular books in the Examples & Explanations series, including Examples & Explanations: Sales and Leases, Fifth Edition and Examples & Explanations: Secured Transactions, Fourth Edition, James Brook brings a wealth of teaching and writing experience to each page. Anyone seeking a thorough overview of payment law—or practice applying the concepts—will find it here in the fourth edition of Examples & Explanations: Payment Systems.