The ratio of norms of Lex Mercatoria and of codified acts in com-mercial law
This article explores the formation and development issues of «lex mercatoria», the ratio of the norms of lex mercatoria and codified regulations. The conclusion is that the trade practices formed the basis of the first acts codified in state regulation of trade, rather than compete with them. The author also points to the norms of modern codified national acts, allowing to apply the norms of lex mercatoria.