When Is the Court of Appeal Not Bound by Its

question 3

Multiple Choice

When is the Court of Appeal not bound by its own previous decisions (select all that apply) ?

• A) When there are two conflicting Court of Appeal decisions.
• B) When the House of Lords/Supreme Court has expressly or impliedly overruled the Court of Appeal's reasoning.
• C) When the previous decision has been made per incuriam.
• D) When the Court of Appeal has expressly chosen not to follow an earlier House of Lords'/Supreme Court decision.

---

Definitions:

Transfer of Wealth

The movement of financial assets or resources from one individual, group, or entity to another, often through inheritance, gifts, or transactions.

Adverse Selection

A situation where one party in a transaction has more information than the other, often leading to an unfavorable outcome for the less informed party.

Balanced Budgets

Occurs when government revenues exactly match or exceed government expenditures in a specific period.

Deferred Costs

Expenses or costs that are incurred in one period but deferred to future periods for financial reporting.