Which of the following statements is TRUE?
A) Precedent setting opinions are always applied retrospectively.
B) Precedent setting opinions are always applied prospectively.
C) Prospective effect means that the decision controls the legal consequences of causes of action arising before the announcement of the decision.
D) Courts must decide whether a precedent will apply retrospectively or prospectively on a case-by-case basis by examining certain factors.
Correct Answer:
Verified
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