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Give an example of a frictionally unemployed person.
Binding Precedent
A legal decision or judgment by a higher court that must be followed by lower courts in the same jurisdiction in cases with similar circumstances.
Published Decision
A judicial decision that is officially reported and made available to the public, often serving as precedent in future cases.
Binding Authority
Legal sources that a court must follow in making its decision, such as statutes or higher court rulings relevant to the case at hand.
Persuasive Authority
Legal sources that, while not binding, may influence a court’s decision in the absence of binding authority, including legal principles from other jurisdictions or academic commentary.
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