In Which of the Following Does a Judge Follow Previous

question 118

Multiple Choice

In which of the following does a judge follow previous decisions (i.e., precedent) in similar cases?

• A)case law
• B)administrative law
• C)stare decisis
• D)corpus delecti

---

Definitions:

Retained Earnings

Profits that a company chooses not to distribute as dividends but instead reinvests into the business or uses to pay off debt, reflecting the accumulated surplus from business operations.

Dividend Payout Ratio

The fraction of net earnings a firm pays to its shareholders as dividends, usually expressed as a percentage.

Profit Margin

A measure of profitability calculated as net income divided by revenue.

Equity Financing

The method of raising capital through the sale of shares in a company, giving investors ownership interests.