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law merchant
(redirected from mercantile law)

   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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According to sources, the erudite woman got third position in the LLB exam in 1990, and was awarded a gold medal in the subject of mercantile law.
Principles and concepts of the cannon law supported by the new at that time Romanist legal science were taken over with some modifications by the mercantile law (9).
A third importation from Roman law came later: the mercantile law of the bankers and the traders of the Continent.
 
 
 
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