The ancient code of laws in Babylon created by King Hammurabi is known as the Code of Hammurabi. Established around 1754 BC, it is one of the earliest and most comprehensive written legal codes in history. The code consists of 282 laws governing various aspects of daily life, including trade, property rights, family relations, and criminal justice. Notable for its principle of retributive justice ("an eye for an eye"), the Code of Hammurabi aimed to ensure fairness and order within society. It reflects the values and norms of Babylonian society, providing insight into ancient legal practices and governance.