Private Law
Private Law issues in Korea are regulated by the civil code (민법,民法) and the commerce code (상법,商法). The civil code of Korea was enacted in 1960 and is based upon the Japanese civil code which was the used in Korea prior to the enactment.
Read more about this topic: South Korean Law
Famous quotes containing the words private and/or law:
“We feel public misfortunes just so far as they affect our private circumstances, and nothing of this nature appeals more directly to us than the loss of money.”
—Titus Livius (Livy)
“There was that law of life so cruel and so just which demanded that one must grow or else pay more for remaining the same.”
—Norman Mailer (b. 1923)