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:

    If private men are obliged to perform the offices of government, to protect the weak and dispense justice, then the government becomes only a hired man, or clerk, to perform menial or indifferent services.
    Henry David Thoreau (1817–1862)

    Villain, thou know’st nor law of God nor man;
    No beast so fierce but knows some touch of pity.
    William Shakespeare (1564–1616)