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What Is the Legal Principle of Stare Decisis? Why Is

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What is the legal principle of stare decisis? Why is it important in a common law system? Why is stare decisis somewhat less important in a civil law system? Are federal courts strictly bound by stare decisis? What might be the cost or downside of making stare decisis mandatory? What might be the cost or downside of eliminating the principle of stare decisis?

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