Examlex
A downward-sloping yield curve that indicates generally cheaper long-term borrowing costs than short-term borrowing costs is called ________.
Discriminatory Policies
Principles or practices that unjustly differentiate among individuals or groups, often based on race, gender, age, or religion, leading to unequal treatment.
Binding Precedent
A binding precedent refers to a legal case decision that must be followed by lower courts within the same jurisdiction in future cases with similar circumstances.
Stare Decisis
The legal principle of determining points in litigation according to precedent, which means to stand by things decided in previous judicial decisions.
Administrative Agencies
Governmental bodies with the authority to implement and administer particular legislation, often involved in the detailed regulation of various aspects of government policy.
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