What Gives Judges Flexibility in Deciding Whether or Not to Apply

question 68

Essay

What gives judges flexibility in deciding whether or not to apply a particular precedent?

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Definitions:

Purchase Price

The amount of money paid to acquire a good, service, or asset, often before any discounts or adjustments.

Land Improvements

Enhancements made to a parcel of land to increase its value, such as landscaping, irrigation systems, and roads.

Land

An asset representing the earth's surface, which is not depreciable under accounting rules, but may appreciate in value over time.

Buildings

Physical structures owned by a business, typically used for offices, manufacturing, or storage.