What Are the Good and Bad Aspects of Relying on Precedent

question 72

Essay

What are the good and bad aspects of relying on precedent to decide current cases? Give an example of precedent that either was not followed in the past,or should not be followed in the future.How much leeway do judges have in deciding whether to follow precedent? How much leeway should they have?

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Definitions:

Resale Revenue

Income generated from selling a product or service that has been purchased or acquired from another entity.

Recycling Revenue

Recycling revenue refers to the income generated from collecting, processing, and selling recycled materials, which can significantly contribute to an organization's or municipality's financial health and sustainability efforts.

Processing Cost

The expenses involved in the operation of transforming raw materials into finished products, including labor, utilities, and equipment depreciation.

Disposal Cost

The expenses associated with getting rid of waste products or obsolete inventory from a business.