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.