Answer:
The obligation of a court to follow precedents in making judgements.
Explanation:
The practice of precedent became formalized in the doctrine of stare decisis, which means the legal doctrine that obligates courts to follow historical cases when making a ruling on a similar case. Stare decisive binds courts to follow legal precedents set by previous decisions in making their decisions.
Answer: Trade was also important to the economies of ancient civilizations. When Egyptians first settled along the Nile, the resources of the river supplied them with what they needed to survive.
Explanation:
Answer:
Lander is hurt but borrowers are benefits.
Explanation:
The fixed rate of interest: It is fixed as indicated in the name of this interest. When someone looking for a loan then they found a lot of types of loans. A person can be fixed deposit or take the fixed loan on many things such as a car, home, etc. When you take a fixed loan then the rate of interest does not fluctuate. So on that rate of interest, the person knows how much interest he had to pay on a fixed loan and how much overall to pay off the loan based on the interest rate. There are the benefits of the rate of fixed loan because when another market index rate increase or decrease it will not affect your fixed-rate loan interest. It will be the same in every condition.
