Examlex
Distinguish between the demand curve and the supply curve.
Binding Legal Principle
A legal rule or doctrine that must be followed by lower courts, or as part of a contract, must be adhered to by the parties involved.
Court's Decision
A court's decision is the final judgment or order issued by a court of law regarding a case, determining the resolution of legal disputes.
Holding
The binding legal principle, or precedent, that is drawn from the court’s decision in a case.
Appellate Court
A higher court that reviews the decisions and outcomes of lower courts to ensure that the law was correctly applied and justice was properly administered.
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