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Nature of a Check and Its Effect on the Obliga
Holders in Due Course and Good Faith Pur
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action agreement amount appeal appellee Appliance Buyers apply assert Bank & Trust bank's beneficiary bill of lading cashier's check claim Co-Mac collecting bank consumer contract Corporation credit card damages defendant delivered depositary bank deposited depositor district court documents draft drawee bank due course electronic fund transfer entitled evidence F.Supp fact faith Federal finance forged check forged indorsement forgery fraud Gesullo Goldstein holder in due Hyman-Michaels issue Kaw Valley letter of credit liability loan loss maker ment MICR midnight deadline National Bank negligence negotiable instrument notice of dishonor obligation paid party payable payee payor bank person plaintiff presented prior process of posting Professor of Law promissory note provides purchase recover rule security interest seller setoff signed statute stop payment summary judgment supra Swiss Bank tion transaction trial court Uniform Commercial Code Union Trust University warehouse receipt wire transfer