Mack Jerm on Clubhouse

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Small is the gate and narrow the road that leads to life, and only a few find it.” —Matthew 7:14.

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Law merchant is a body of commercial law that developed in Europe during the Middle Ages. It is based on the customs and practices of merchants and traders, and is distinct from the common law that applies to other types of transactions. Law merchant is also known as mercantile law, commercial law, or the law of merchants. It is a set of rules and principles that govern commercial transactions, including contracts, sales, and other business dealings. The law merchant is based on the principle of freedom of contract, which allows parties to enter into agreements without interference from the government. It also recognizes the need for fairness and equity in commercial dealings, and encourages parties to resolve disputes through arbitration or mediation.