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:

    We are sure that, though we know not how, necessity does comport with liberty, the individual with the world, my polarity with the spirit of the times. The riddle of the age has for each a private solution.
    Ralph Waldo Emerson (1803–1882)

    They are the lovers of law and order who observe the law when the government breaks it.
    Henry David Thoreau (1817–1862)