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Predictability in laws and regulations of their industry

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Reference no: EM132078155

Companies depend on consistency and predictability in the laws and regulations of their industry. That allows them to make business decisions and understand the consequences.

Read about the legal concepts of precedent and stare decisis. In your assignment:

- Summarize the concepts of precedent and stare decisis.

- Discuss whether and/or why you think these concepts are important to help provide stability for businesses to operate.

Reference no: EM132078155

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