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Ethics is knowing the difference between what you have a right to do and what is right to do.
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Legal Definitions - ob favorem mercatorum
Injustice anywhere is a threat to justice everywhere.
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Definition of ob favorem mercatorum
OB FAVOREM MERCATORUM
Ob favorem mercatorum is a Latin phrase that means "in favor of merchants."
- A government policy that reduces taxes on imports is an example of ob favorem mercatorum because it benefits merchants who import goods.
- Another example is a law that protects the rights of merchants to conduct business without interference from the government or other parties.
These examples illustrate how ob favorem mercatorum refers to policies or laws that are designed to support the interests of merchants. Such policies may include tax breaks, trade agreements, or regulations that promote free trade and commerce.
Ethics is knowing the difference between what you have a right to do and what is right to do.
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Simple Definition
Term: OB FAVOREM MERCATORUM
Definition: Ob favorem mercatorum is a Latin phrase that means "in favor of merchants." This phrase is often used to describe laws or policies that are designed to benefit or support merchants and their businesses.
Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.
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