CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The Indian Mercantile law is mainly an adaptation of______.

A
Greek Mercantile law
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
English Mercantile law
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Roman Mercantile law
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
German Mercantile law
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C English Mercantile law
Mercantile law or commercial law is the law that regulates commercial activities of the economy. The Indian Mercantile Law owes its origin to the English Mercantile Law as it has a direct influence on Indian law. The dependence of Indian Law on English Law is so high that, in the absence of any provision related to the issue in question, the direct recourse is to refer to the English Mercantile Law.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon