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Law Merchant

LAW MERCHANT

The system of rules and customs and usages generally recognized and adopted by traders as the law for the regulation of their commercial transactions and the resolution of their controversies.

The law merchant is codified in the uniform commercial code (UCC), a body of law, which has been adopted by the states, that governs mercantile transactions.

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"Law Merchant." West's Encyclopedia of American Law. . Encyclopedia.com. 18 Aug. 2017 <http://www.encyclopedia.com>.

"Law Merchant." West's Encyclopedia of American Law. . Encyclopedia.com. (August 18, 2017). http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/law-merchant

"Law Merchant." West's Encyclopedia of American Law. . Retrieved August 18, 2017 from Encyclopedia.com: http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/law-merchant

law merchant

law merchant: see commercial law.

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"law merchant." The Columbia Encyclopedia, 6th ed.. . Encyclopedia.com. 18 Aug. 2017 <http://www.encyclopedia.com>.

"law merchant." The Columbia Encyclopedia, 6th ed.. . Encyclopedia.com. (August 18, 2017). http://www.encyclopedia.com/reference/encyclopedias-almanacs-transcripts-and-maps/law-merchant

"law merchant." The Columbia Encyclopedia, 6th ed.. . Retrieved August 18, 2017 from Encyclopedia.com: http://www.encyclopedia.com/reference/encyclopedias-almanacs-transcripts-and-maps/law-merchant