Discuss Two Reasons Why the Principle of Precedent Is So

question 73

Essay

 Discuss two reasons why the principle of precedent is so important.

---

Definitions:

Control

The power to influence or direct people's behavior or the course of events, often used in the context of management or ownership of companies.

Equity Carve-out

A financial transaction in which a parent company sells a portion of the equity of a subsidiary to public investors, but still retains a controlling interest in it.

Tax Advantages

Financial benefits derived from tax laws, which reduce a person or a company's tax burden.

Going-private Transaction

involves the purchase of all publicly held shares of a public corporation by private investors, making it a private entity.