Obiter Dicta of a Higher Court Can Become a Binding

question 67

Multiple Choice

Obiter dicta of a higher court can become a binding precedent if:

• A)the decision of the court is published in writing.
• B)another court decides to distinguish it.
• C)another court adopts it as the legal rule or principle upon which its decision is based.
• D)the Governor-General declares it to be binding.

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Definitions:

United States, Mexico, Canada

Refers to the countries involved in the USMCA trade agreement, which is designed to promote trade, strengthen economic relations, and support mutual economic growth.

World Bank

An international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.

MIGA

The Multilateral Investment Guarantee Agency, part of the World Bank Group, that offers political risk insurance to companies investing in developing countries.

Dumping

The practice of a company selling a product in a foreign market at a price lower than its market cost or below the production cost, often to increase market share or drive out competition.