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If, from their evidence, it has appeared that the instrument in question was by the general custom and practice of the business world treated as a negotiable instrument, the court has given effect to that usage, and adjudged the instrument to be subject to the same law as other negotiable paper. (31)
* Largest categories of internal fraud involved negotiable paper or cards.
Ingham (a sociologist) begins 'The Emergence of Capitalist Credit Money' with a comparison of the orthodox and Chartalist stories of the rise of money, then moves to a discussion of Schumpeter's claim that capitalism originated with the appearance of bank-created deposits and negotiable paper that functioned as money, along with the social relations between banker-creditors and entrepreneur-debtors.