Korean Law in English
Laws › Commercial Act › CHAPTER VII COMMISSION AGENCY

Commercial Act — Article 108 (Effects of Damage or Defects, etc. in Consigned Goods)

상법 제108조

This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.

(1) When a commission agent becomes aware of, after having acquired the subject matter of the sale through a commission agency, any damage or defect in the goods, or there is a fear of decomposition or decay of the goods, or commercial circumstances which show decline of commodity prices, he/she shall, without delay, send a notice thereof to his/her principal.

(2) In cases falling under the preceding paragraph, if the commission agent is unable to receive the instruction of his/her principal or such instruction is delayed, the commission agent may take an adequate measure for the benefit of his/her principal.

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