mercantile law (Meaning)
Wordnet
mercantile law (n)
the body of rules applied to commercial transactions; derived from the practices of traders rather than from jurisprudence
Synonyms & Antonyms of mercantile law
No Synonyms and anytonyms found
mercantile law Sentence Examples
- Mercantile law governs commercial transactions and business practices.
- Principles of mercantile law are derived from customs and precedents established by merchants over time.
- The Uniform Commercial Code (UCC) is a comprehensive set of laws that governs mercantile transactions in the United States.
- Mercantile law includes provisions for sales of goods, negotiable instruments, and secured transactions.
- The doctrine of caveat emptor (let the buyer beware) is a fundamental principle of mercantile law.
- In mercantile law, parties are held to their contracts and can be liable for breach of warranty.
- Misrepresentation and fraud are actionable offenses under mercantile law.
- The burden of proof in mercantile law cases often falls on the plaintiff.
- Mercantile law courts handle disputes arising from commercial transactions.
- Knowledge of mercantile law is essential for businesses and individuals involved in commerce.
FAQs About the word mercantile law
the body of rules applied to commercial transactions; derived from the practices of traders rather than from jurisprudence
No synonyms found.
No antonyms found.
Mercantile law governs commercial transactions and business practices.
Principles of mercantile law are derived from customs and precedents established by merchants over time.
The Uniform Commercial Code (UCC) is a comprehensive set of laws that governs mercantile transactions in the United States.
Mercantile law includes provisions for sales of goods, negotiable instruments, and secured transactions.
