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Under This Doctrine, Once a Court Decision Is Made in a Case

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Under this doctrine, once a court decision is made in a case with a given set of facts, the courts tend to adhere to the principle thus established and apply it to future cases involving similar facts.This practice provides enough continuity of decision making that many disputes can be settled out of court by referring to previous decisions.Identify this doctrine.


Definitions:

Measured

Quantified or assessed through specific metrics or instruments for comparison or analysis purposes.

Legalizing Drugs

The process of removing legal prohibitions against drugs, thereby allowing their use, distribution, and production within specified regulatory frameworks.

Economic Perspective

The view or analysis from an economic standpoint, involving the consideration of factors like cost, benefits, and resources.

Elasticity

The measure of how much the quantity demanded of a good responds to a change in price or other economic variables.

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