Chapter 10

Coversheet 10 coversheet

PowerPoints (lecture series are to big for website, students need to get them from shared drive) 10_1 Lecture Series with notes 10_2 Lecture Series with notes

Student workbook pages (SWB) 10 SWB chapter 10

Chapter Summary Form

Chapter notes (10.1 and 10.2) 10 notes

Textbook (chapter 10, 11, 12) Textbook unit 4 chapter 10_11_12

Vocabulary:

10.1 What you’ll learn:

  • Describe the function of negotiable instruments
  • Identify the different types of negotiable instruments
  • List the essential elements of negotiable instruments
  • Differentiate between a draft, a note, and a certificate of deposit.

If you ever get a certificate of deposit or borrow money to buy a car, you need to know about the law of negotiable instruments.

10.2 What you’ll learn:

  • Explain the contractual relationship between a bank and its customers
  • Distinguish stop payment orders, forgeries, and material alteration
  • Differentiate between types of checks
  • Define electronic fund transfers

You need to know what your legal rights and duties are when you open a checking account