Doctrine of stare decisis, Business Law and Ethics

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Doctrine of Stare Decisis

However the doctrine of "stare Decisis" or "judicial precedent" is a legal rule which utilized a judge to refer to the earlier cases decided through his predecessors in order to find out whether the material facts of any of those cases are similar to material facts of case earlier him and, in the event of a finding, such for decide the case before him in the same method as the earlier case had been decided. However in the earlier decision as way to "stays" or "stands" as it was made.

Moreover doctrine has been described as "sacred principle" of the English law.  Where ever it was developed through the English courts as a mechanism to the administration of justice that would enable judges to create decisions in an objective or the standard manner instead of subjectively and in a specific personalised manner.


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