The Rule of Precedent, Whereby a Rule or Law Contained

question 163

Multiple Choice

The rule of precedent, whereby a rule or law contained in a judicial decision is commonly viewed as binding on judges whenever the same question is presented, is known as

• A)the writ of habeas corpus.
• B)stare decisis.
• C)an amicus curiae brief.
• D)in forma pauperis.
• E)a writ of certiorari.

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Definitions:

Legal Position

indicates an individual's or entity's standing or status in relation to the law, including rights, obligations, or liabilities.

Partnership

A business structure in which two or more individuals manage and operate a business in accordance with terms and objectives set out in a Partnership Agreement.

Corporation

A legal entity separate from its owners, with its rights and liabilities, that is formed to conduct business or other activities.

Limited Liability

A legal principle that limits an investor's or owner's financial loss in a business venture to the amount of capital they have invested.