Examlex
Price discrimination occurs when stores mark down products for sale.
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.
Common Law
A legal system based on custom, court rulings, and precedent rather than statutory laws.
French System
Describes the legal system primarily used in France and countries formerly part of the French colonial empire, characterized by civil law principles.
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