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General Principles of Payment Systems by Gile Giovanni is a document available to read on EtoBox.
What is General Principles of Payment Systems about?
The case discusses whether postal money orders are negotiable instruments. It involved money orders that were irregularly obtained and unpaid. The Supreme Court ruled that postal money orders are not negotiable instruments because the government acts as an agent or trustee when issuing money orders, not as a debtor.
- Author
- Gile Giovanni
- Language
- EN