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Questions and Answers
What is Lex mercatoria?
What is Lex mercatoria?
- A system of criminal law enforced by merchant courts
- A body of commercial law used by merchants in medieval Europe (correct)
- A code of conduct for modern-day merchants
- A set of religious laws governing merchant conduct
How was Lex mercatoria enforced?
How was Lex mercatoria enforced?
- By local state law enforcement agencies
- Through a system of merchant courts along the main trade routes (correct)
- Through the intervention of international law enforcement agencies
- By the church and religious authorities
What did Lex mercatoria emphasize?
What did Lex mercatoria emphasize?
- Strict adherence to legal technicalities
- The imposition of state law on merchant transactions
- Contractual freedom and inalienability of property (correct)
- The involvement of multiple third parties in transactions
What was the purpose of Lex mercatoria?
What was the purpose of Lex mercatoria?
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How did Lex mercatoria evolve?
How did Lex mercatoria evolve?
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