Legal Definitions - law of the staple

Definition: The Law of the Staple refers to the law that is administered in the court of the mayor of the staple. It is also known as the law merchant.

Example: In medieval times, merchants would gather in a designated location called a "staple" to trade their goods. The mayor of the staple would preside over any legal disputes that arose during these transactions. The Law of the Staple was used to settle these disputes and ensure fair trade practices.

Explanation: The Law of the Staple was designed to regulate trade and commerce in medieval times. It ensured that merchants followed fair trade practices and settled any disputes that arose during transactions. The example illustrates how the law was used to maintain order and fairness in the marketplace.