The USSupreme Court in Applying the Doctrine of Stare Decisis Is

question 28

Multiple Choice

The U.S.Supreme Court in applying the doctrine of stare decisis is:

• A) rigidly bound by its own decisions.
• B) subject to a majority decision by the federal appellate courts.
• C) not rigidly bound by its own decisions.
• D) bound on all federal questions by state and lower federal court decisions.

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Definitions:

Noncontrolling Interest

An ownership interest in a corporation where the share does not grant the holder the majority of voting power, often reflected as a minority stake in subsidiary companies on consolidated financial statements.

No Excess Amortizations

A financial statement condition where there is no surplus amortization from the pay-down or write-off of intangible assets.