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Mercantile law   /mˈərkəntˌaɪl lɔ/   Listen
Mercantile law

noun
1.
The body of rules applied to commercial transactions; derived from the practices of traders rather than from jurisprudence.  Synonyms: commercial law, law merchant.






WordNet 3.0 © 2010 Princeton University








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"Mercantile law" Quotes from Famous Books



... sense acts or is always disposed to act with careful regard for the rights of others, especially in matters of business or property; one who is honorable scrupulously observes the dictates of a personal honor that is higher than any demands of mercantile law or public opinion, and will do nothing unworthy of his own inherent nobility of soul. The honest man does not steal, cheat, or defraud; the honorable man will not take an unfair advantage that would be allowed him, or will make a sacrifice which no one could require ...
— English Synonyms and Antonyms - With Notes on the Correct Use of Prepositions • James Champlin Fernald

... who are subject to a law may receive a twofold inclination from the lawgiver. First, in so far as he directly inclines his subjects to something; sometimes indeed different subjects to different acts; in this way we may say that there is a military law and a mercantile law. Secondly, indirectly; thus by the very fact that a lawgiver deprives a subject of some dignity, the latter passes into another order, so as to be under another law, as it were: thus if a soldier be turned out of the army, he becomes ...
— Summa Theologica, Part I-II (Pars Prima Secundae) - From the Complete American Edition • Saint Thomas Aquinas



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