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The Merchant and His Law

Nathan Isaacs

Journal of Political Economy 1915 open access

Business law seems to have won a place in our new colleges of commerce?but what is business law ? One may with equal pro? priety ask what are commercial organization and administration, business psychology, business economics, commercial French, German, Spanish, and even business English among the courses offered in colleges of commerce. Upon finding ethics in one of their announcements I have wondered why its presence was not excused by calling it business ethics. Of course, the business man is not entitled to a peculiar code of ethics. Neither is he any longer given a special code of laws in this country. Still it seems to be a mooted question whether ordinary law is adequate for business needs. Analogies drawn from the other "business'' or "commercial" sub? jects may not be without point, even if they do no more than to direct our attention to horrible examples. Business German has been described as everyday German; the latest treatises describe business law in about the same way. Business psychology has been described as "buncombe," and business English as "an inferior course in English." One is reminded of the popular courses in medicine arranged in some schools for dentists, nurses, veteri? narians, and pharmacists, the chief object of which seems to be not to make the student a physician. Not to multiply instances, let me quote the suggestive words of an enthusiastic Spanish teacher

DOI
10.1086/252677
Volume
23 (6)
Pages
529-561
Language
en
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BibTeX
Sources
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