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:

    The highest panegyric, therefore, that private virtue can receive, is the praise of servants.
    Samuel Johnson (1709–1784)

    A quality is something capable of being completely embodied. A law never can be embodied in its character as a law except by determining a habit. A quality is how something may or might have been. A law is how an endless future must continue to be.
    Charles Sanders Peirce (1839–1914)