The Legal Concept of Precedent-That,all Else Being Equal,a Court Case

question 37

Multiple Choice

 The legal concept of precedent-that,all else being equal,a court case today should be settled in accordance with prior decisions on similar cases-is expressed by the term 

• A) per curiam. 
• B) amicus curiae. 
• C) writ of mandamus. 
• D) stare decisis. 
• E) writ of certiorari.

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Definitions:

Strip

A strategy in bond investing or a derivative trading term where a bond's interest payments and principal repayments are separated and sold as individual zero-coupon securities.

Patent Hearing

A judicial proceeding to resolve disputes related to the validity or infringement of patents.

Bullish

An optimistic viewpoint on the market or a particular stock, expecting prices to rise.

Strap

A trading strategy involving the purchase of two call options and one put option with the same strike price and expiration date, expecting a large move in the underlying asset.