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.

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Famous quotes containing the words private and/or law:

    “I do not remember anything which Confucius has said directly respecting man’s “origin, purpose, and destiny.” He was more practical than that. He is full of wisdom applied to human relations,—to the private life,—the family,—government, etc. It is remarkable that, according to his own account, the sum and substance of his teaching is, as you know, to do as you would be done by.”
    —Henry David Thoreau (1817–1862)

    “No great idea in its beginning can ever be within the law. How can it be within the law? The law is stationary. The law is fixed. The law is a chariot wheel which binds us all regardless of conditions or place or time.”
    —Emma Goldman (1869–1940)