LAW MERCHANT
(noun)Did you mean?
Definitions
There is 1 meaning of the phrase
Law Merchant.
Law Merchant - as a noun
The body of rules applied to commercial transactions; derived from the practices of traders rather than from jurisprudence
Synonyms (Exact Relations)
commercial lawmercantile lawExample Sentences
"The law merchant governed commercial transactions during the Middle Ages."
"Many maritime disputes were resolved using the principles of the law merchant."
"Traders relied on the law merchant to enforce contracts across borders."
"The law merchant developed as a way to regulate trade in medieval Europe."
"Merchants often turned to the law merchant to settle disputes regarding trade practices."
