Which of the Following Statements Describes the Idea of Precedents

question 58

Multiple Choice

Which of the following statements describes the idea of precedents?

• A) The common law changes very slowly to permit rational decision making in each branch of our government.
• B) The Supreme Court is required to issue an opinion after a ruling.
• C) Most citizens can know that the law will become consistent in its expectations for them.
• D) Judges must abide by the decisions of earlier cases unless there is a clear reason to distinguish the current case from its predecessors.
• E) The Supreme Court is able to promote judicial review through regularly scheduled reviews of case law.

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Definitions:

Physical

Pertaining to objects, materials, or substances that occupy space and have measurable properties, often contrasted with digital or virtual counterparts.

Cost Basis

Cost basis represents the original value or purchase price of an asset for tax purposes, adjusted for factors like depreciation. It is used to calculate capital gains or losses upon disposal of the asset.

Special Acquisition Fees

Costs incurred during the acquisition of a company or significant assets that are not directly related to the purchase price.

Overhaul

A thorough examination and necessary repair or updates to machinery, systems, or processes to ensure efficient operation.