Payments.
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| Authors: | Denicola, Robert, Krebs, Stephen |
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| Source: | Business Lawyer. Fall2022, Vol. 77 Issue 4, p1273-1293. 21p. |
| Subject Terms: | *Payment, *Obligations (Law), *Check fraud, Beneficiaries, Common law, Multi-factor authentication |
| Reviews & Products: | Uniform Commercial Code |
| Abstract: | The article provides case law developments regarding payments under the Uniform Commercial Code (UCC). Cases covered include beneficiary misdescription in Nirav Ingredients Inc. v. Wells Fargo Bank NA, security procedures in Precision Computer Services Inc. v. Newtown Savings Bank, obligation to pay in Levin v. Islamic Republic of Iran, common law displacement in Clayton v. Dollar Bank and employer's responsibility for fraudulent checks in Severin Mobile Towing Inc. v. JP Morgan Chase Bank NA. |
| Database: | Entrepreneurial Studies Source |
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| Abstract: | The article provides case law developments regarding payments under the Uniform Commercial Code (UCC). Cases covered include beneficiary misdescription in Nirav Ingredients Inc. v. Wells Fargo Bank NA, security procedures in Precision Computer Services Inc. v. Newtown Savings Bank, obligation to pay in Levin v. Islamic Republic of Iran, common law displacement in Clayton v. Dollar Bank and employer's responsibility for fraudulent checks in Severin Mobile Towing Inc. v. JP Morgan Chase Bank NA. |
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| ISSN: | 00076899 |
