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law merchant

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
law merchant: see commercial law commercial law, the laws that govern business transactions, except those relating to the maritime transportation of goods (see maritime law). Commercial law developed as a distinct body of jurisprudence with the beginning of large-scale trade.
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He follows the arbitral chain (a metaphor for the linkage of one arbitral age with those subsequent) for the West through the Greeks, the Romans, the Law Merchants, the English, and the Americans and for the Chinese through the imperial, republican, and communist eras.
Western and Chinese arbitration; the arbitral chain by Reference & Research Book News
Initial development of law merchant was left largely, though not entirely, to the merchant themselves, who organized international fairs and markets, formed mercantile courts, and established mercantile offices in the new urban communities that were springing up throughout western Europe.
Lex sportiva and Lex Mercatoria by Kolev, Boris / The International Sports Law Journal
This legal tradition included the voluntary Law Merchant and the codes of the free cities.
The Hanseatic League and freedom of trade by Liggio, Leonard P. / Journal of Private Enterprise
 
 
 
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