Final answer:
The statement is false. Common law is based on judges' decisions in individual cases, setting precedents for future cases, rather than a comprehensive set of codified laws.
Step-by-step explanation:
The statement, 'Common law is based on a comprehensive set of laws organized into a code', is False. Common law, often referred to as case law or precedent, is developed by judges through decisions of courts in individual cases, instead of being organized into a comprehensive set of laws like codified law system. These decisions, or precedents, set for future courts to follow. Hence, common law is considered a flexible system as it can evolve over time through the interpretation and application of these precedents.
On the other hand, systems based on comprehensive sets of laws organized into codes leave less room for interpretation and primarily require judges to simply apply the already defined laws. This system, known as code law, is more rigid and does not evolve in the same way that common law does. These are two fundamentally different legal systems, with common law focused on interpretation and evolution through case-to-case application, and code law focused on application of comprehensive and finalized legal codes.
Learn more about Common law vs. Code law