law_merchant has definitions from the field of law
[ noun ] (law) the body of rules applied to commercial transactions; derived from the practices of traders rather than from jurisprudence

Used in print

(Morton A. Kaplan and Nicholas de B. Katzenbach,...)

Admiralty_law , the law_merchant , and the host of problems which arise in private litigation because of some contact with a foreign country were all severed from the older Law_of_Nations and made dependent_on the several national laws .

States were free to enact , within broad though ( perhaps ) determinate limits , their own rules as_to the application of foreign law by their courts , to vary the law_merchant , and to enact legislation with regard_to many claims arising on the high_seas .

Related terms

law law