According to Roger Miller, author of Fundamentals of Business Law, common law is a body of general rules that applied throughout the entire English realm which eventually became part of the heritage of all nations that were once British colonies, including the United States.
It was not until the late 13th and 14th century that portions of significant decisions and publications were recorded into Yearbooks, …show more content…
If a court decides that precedent is simply incorrect or that technological or social changes have rendered the precedent inapplicable, the court might rule contrary to the precedent. These cases lead to high scrutiny from the public. Stare Decisis has two aspects: fist, decisions made by a higher court are binding on lower courts; and second, a court should not overturn its own precedents unless there is a strong reason to do so. (Miller, R. 2013) Since regular law choices manage ordinary circumstances as they happen, social changes, developments, and disclosures make it important for judges in some cases to look outside reported choices for direction for a situation of initial introduction (already an undetermined legitimate issue). The normal law framework permits judges to look to different wards or to draw upon past or present legal experience for analogies to help in settling on a choice. This adaptability permits the basic law to manage changes that prompt unexpected contentions. In the meantime, stare decisis gives sureness, consistency, and consistency and makes for a stable lawful environment. (Cantor, N.