Examlex
Which of the following statements is true?
Precedent
A principle or rule established in a previous legal case that is either binding on or persuasive for a court when deciding subsequent cases with similar issues or facts.
Legislative Acts
Laws passed by a legislature or governing body that dictate codes of behavior, rights, and obligations.
Precedent
A legal decision or case that establishes a principle or rule that courts can adopt when deciding subsequent cases with similar issues or facts.
Uniform Commercial Code
A comprehensive set of laws governing commercial transactions in the United States, aimed at standardizing practices across states.
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