Mary is suing Arthur because he breached a contract to sell her 2,000 tonnes of first-grade steel. There is no legislation that deals with the issue between them. If the judge did not use the Common Law in this case, she would have to rely on the theory of precedent instead.

Question

Quizplus · Accepted Answer

The theory of precedent, also known as stare decisis, is a fundamental principle of Common Law, meaning that if the judge is not using legislation, relying on precedent is essentially relying on Common Law principles.

Mary Is Suing Arthur Because He Breached a Contract to Sell