What is MERCANTILE LAW?

Customs and practices of local and international commerce codified into this specific body of law. A legal code that governs the operations of both banks and varied businesses. Agreements, contracts, copyrights, franchising, insurance, licensing, patents, shipping and transport, trademarks, and the like are all cover by mercantile law.

TLD Example: The Uniform Commercial Code has become the standard mercantile law throughout the United States with its adoption in all states.

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