Private Law
Private law (Privatrecht) rules the relations between two private legal entities (for example, a buyer and a seller, an employer and an employee, a tenant and a landlord) or two entities that act on the same level as private persons (e.g., as when an authority buys its office supplies from a private company). In contrast, whenever a state agency exercises official power, private law is not to be applied.
Read more about this topic: Law Of Germany
Famous quotes containing the words private and/or law:
“The private life of one man shall be a more illustrious monarchy,more formidable to its enemy, more sweet and serene in its influence to its friend, than any kingdom in history. For a man, rightly viewed, comprehendeth the particular natures of all men.”
—Ralph Waldo Emerson (18031882)
“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)