Posted inBusiness Strategy
College Of Miami College Of Law University Of Miami
The Law Merchant, a precursor to modern business law, emphasised the liberty to contract and alienability of property. As nationalism grew within the 18th and nineteenth centuries, the Law Merchant was integrated into nations' native law under new civil codes. In contrast to English frequent law, which consists of monumental tomes of case law, codes in small books are easy to export and straightforward for judges to apply. However, today there are indicators that civil and common law are converging. EU law is codified in treaties, however develops by way of de facto precedent laid down by the European Court…