mercantile law

Definition of "mercantile law"
  1. A wide field of law encompassing business transactions such as trade, sales, purchases, contracts, and transport. It is mainly regulated by the Uniform Commercial Code in the United States
How to use "mercantile law" in a sentence
  1. Mercantile law covers numerous issues, from contracts to shipping disputes.
  2. The Uniform Commercial Code is a crucial part of mercantile law guiding business transactions.
  3. Before setting up his business, he decided to study mercantile law to understand his legal obligations.

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