Which of the Following Is Correct with Respect to the Characteristics

question 97

Multiple Choice

Which of the following is correct with respect to the characteristics of stare decisis in the common law?

• A) It is based on trial by battle and trial by ordeal.
• B) It prevents a higher court from overruling a lower one.
• C) It allows decisions of the courts to be predictable.
• D) Our statutes play the same role as the code used in the French system.
• E) This term refers to the role played by the law of equity in our system.

---

Definitions:

Sales-oriented Era

The sales-oriented era refers to a period in marketing history where the primary focus was on selling products through aggressive sales techniques, without much emphasis on customer needs or product quality.

Market-oriented Era

A period in business thought where the primary focus is on understanding and meeting the needs and wants of consumers through market research and product adaptation.

Value-based Marketing

A marketing strategy focused on providing and communicating the unique value of a product or service to the customer.

Retailing-oriented Era

A period in business history characterized by the focus on selling and distribution efficiency, where retailers played a central role in the supply chain.