Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Chapter A.1, Problem A.1AQ
Summary Introduction

To determine: The practical benefits of precedent judicial.

Introduction: A judicial precedent is a judgment of the highest governing Court, which is used as a source for future decision making by the other courts. The judicial precedent is also known as state judgment.

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Does the concept of judicial interpretation of the law mean that judges can make whatever law they wish? And, how can courts remain flexible, if they are required to follow precedent?
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