South Korean Law - Private Law

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:

    The world still wants its poet-priest, a reconciler, who shall not trifle with Shakspeare the player, nor shall grope in graves with Swedenborg the mourner; but who shall see, speak, and act, with equal inspiration. For knowledge will brighten the sunshine; right is more beautiful than private affection; and love is compatible with universal wisdom.
    Ralph Waldo Emerson (1803–1882)

    The decisions of law courts should never be printed: in the long run, they form a counterauthority to the law.
    Denis Diderot (1713–1784)