The key differences between Common Law and Statute Law are as
follows:
- Common law, also known as case law is a legal system where
decision made by the judges in the past forms a basis for likely
cases in future. Whereas, statute law is a formal written law made
by legislative body and regulates the behavior of the members.
- Common law instructs, what decision must be made in a case.
However, the statute law describes the best governing rules of the
society.
- Common law believes on the recorded judicial precedent which
means that the judges will take into account the relevant facts and
evidences of the case but also look for prior decisions made by the
court in likely cases in the past. But, statute law is based on the
statutes enacted and developed by the legislative body of the
country.
- Common law is a procedural law, as it consists of the set of
rules which regulates the court proceedings in various lawsuit.
While, statute law is substantive in nature, which means that it
imposes the rights and duties of the citizens, along with
punishment for non-compliance of rules.
- Common law can be changed by statute law, but to amend the
statute law, a separate statute must be imposed.