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CUSTOM OF MERCHANTS Definition & Legal Meaning

Definition & Citations:

A system of customs or rules relative to bills of exchange, partnership, and other mercantile matters, and which, under the name of the “lex mercatoria,” or “law-merchant,” has been ingrafted into and made a part of, the common law. 1 Bl. Comm. 75: 1 Steph. Comm. 54; 2 Burrows, 1226, 1228.


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