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:
“I am sure that in estimating every man’s value either in private or public life, a pure integrity is the quality we take first into calculation, and that learning and talents are only the second.”
—Thomas Jefferson (1743–1826)
“When law becomes despotic, morals are relaxed, and vice versa.”
—Honoré De Balzac (1799–1850)