stare decisis |
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Definition
Legal maxim that once a principle of law has been determined by an appellate court to be applicable to the facts of a case, it will be followed in the future cases involving substantially identical facts, unless overruled by the same or a higher court. It underlies the common law doctrine of precedent. Latin for, to stand by things decided.
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stare decisis is in the Corporate, Commercial, & General Law subject.
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