In 1513, while leading an expedition in search of gold, he sighted the Pacific Ocean. Balboa claimed the ocean and all of its shores for Spain, opening the way for later Spanish exploration and conquest along the western coast of South America.
Stare decisis is a legal doctrine that necessitates courts to follow historical cases when creating a ruling on a similar current or future case. Stare decisis safeguards that cases with identical facts be approached in the same way, except overruled by the same court or a higher court such as the US Supreme Court. Simply put, it binds courts to follow legal precedents set by previous decisions. Stare decisis is a Latin term meaning "to stand by that which is decided". The US common law system has a integrated system of determining legal matters from the principle of stare decisis and precedent. A past ruling or judgment on any circumstance is known as a precedent. Stare decisis commands that courts look to precedent when overseeing an on-going case with similar circumstances.
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