A contract of a compromise shall have the effect that the rights conceded by one of the parties is thereby extinguished and the other party will, in turn, acquire the pertinent rights by virtue of the compromise.
Civil Act — Article 732 (Creative effect of compromise)
민법 제732조
For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool:
https://mcp.apify.com?tools=kr-data/korea-law