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The doctrine of precedent is a form of reasoning and decision-making formed by case law. If a higher court has made a significant legal point in one case, it would be considered as binding in later courts.
The doctrine that a lower court must follow a precedent is called stare decisis (star-ay dee-sigh-sis). 2) adj. before, as in the term condition precedent, which is a situation which must exist before a party to a contract has to perform. (See: stare decisis).