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mercantile law

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.03 sec.

mercantile law (commercial law) n. that broad area of the law, statutes, cases and customs, which deals with trade, sales, buying, selling, transportation, contracts and all forms of business transactions. Much of the law of business transactions is covered by the Uniform Commercial Code which has been adopted almost universally in the United States. (See: commercial law, Uniform Commercial Code, seller, contract, corporation)


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