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 engaged to Concord and my own private pursuits by 10,000 ties, and it would be suicide to rend them.”
—Henry David Thoreau (1817–1862)
“It seems to be a law in American life that whatever enriches us anywhere except in the wallet inevitably becomes uneconomic.”
—Russell Baker (b. 1925)