Georgia State College Of Law In medieval England, royal courts developed a physique of precedent which later grew to become the frequent law. A Europe-wide Law Merchant was formed in order that merchants might commerce with common requirements of apply somewhat than with the many splintered aspects of local legal guidelines. The Law Merchant, a precursor to fashionable industrial law, emphasised the freedom to contract and alienability of property. As nationalism grew in the 18th and 19th centuries, the Law Merchant was integrated into…