The Doctrine of ________ Requires Courts to Follow Authoritative Prior

question 38

Multiple Choice

The doctrine of ________ requires courts to follow authoritative prior decisions when ruling on a case.

• A)stare decisis
• B)habeas corpus
• C)ex post facto
• D)a priori

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Definitions:

Index Fund

A mutual fund holding shares in proportion to their representation in a market index such as the S&P 500.

Investment Club

A group of individuals who pool their money to make investments, often operating under a democratic structure to make decisions.

EMH

The Efficient Market Hypothesis, a theory that suggests all known information is already reflected in stock prices, and therefore, beating the market consistently through stock selection or market timing is unlikely.

Passive Investment

An investment strategy that involves minimal buying and selling actions, typically focused on long-term investments in index funds or ETFs.