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 theory of the Communists may be summed up in the single sentence: Abolition of private property.”
—Karl Marx (1818–1883)
“You are, or you are not the President of The National University Law School. If you are its President I wish to say to you that I have been passed through the curriculum of study of that school, and am entitled to, and demand my Diploma. If you are not its President then I ask you to take your name from its papers, and not hold out to the world to be what you are not.”
—Belva Lockwood (1830–1917)