Examlex
The abbreviation PRN stands for:
Courts of Chancery
Courts that administer equity and handle matters such as trusts, estates, and guardianships, distinct from courts that deal with law.
Law of Equity
A branch of law that supplements common law by providing remedies and justice that are not available in traditional legal systems, focusing on fairness.
Common Law Courts
Courts that base their decisions on precedents or judicial rulings rather than written statutes.
Stare Decisis
A legal principle that obligates courts to follow historical cases when making a ruling on a similar current or future case.
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