What are Negotiable Instruments?
Have you ever wondered what law applies when you write a check or purchase a certificate of deposit (CD)? Checks and certificates of deposit are types of negotiable instruments. Articles 3 and 4 of the Uniform Commercial Code (UCC) have been enacted into law by every state and provide the rules for negotiable instruments. Negotiable Instruments Defined Negotiable instruments are …
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Protecting Your Personal Accounts From Unauthorized Charges
Life is busy and going through the mail takes time. However, when the mail includes your monthly bank or credit card statement then your time is well spent to review the statement carefully. Both your monthly checking account statement and your credit card statements will include automatic debits or automatic charges to your account. For one or more reasons, your account may …
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