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question 55

True/False

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Definitions:

Stare Decisis

A legal principle that obligates courts to follow historical case law when making rulings on similar cases.

Precedent

A precedent is a legal decision or case that establishes a principle or rule that may guide future courts in deciding similar issues.

Common Law

A legal system based on customs, traditions, and judicial decisions, as opposed to statutory laws, predominantly followed in the UK, the US, and other commonwealth countries.

Case Law

Laws established by the outcome of former court cases and judicial decisions which guide future judgments.