Which of the Following Is Correct with Respect to the Characteristics

question 101

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 by the parties.
• 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.

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Definitions:

NSF Check

A check that cannot be processed due to insufficient funds in the account it's drawn against, leading to a "non-sufficient funds" status.

Petty Cash Fund

A small amount of cash kept on hand for minor, immediate expenses.

Cash Short

An accounting term referring to a situation where the actual physical cash differs from the expected amount, typically indicating a shortfall.

Missing Funds

A financial discrepancy where funds are unaccounted for due to errors, theft, or fraud.