ICAG L1 Business & Corporate Law Practice Questions - ICAG Level 1 Business And Corporate Law (Paper 1.3) Exam

What does the doctrine of judicial precedent primarily require of lower courts in Ghana?

Follow ratio decidendi of higher courts when the material facts are similar Ignore earlier decisions and decide each case afresh Apply only customary law regardless of prior judgments Treat every foreign judgment as binding Ghanaian law

Correct Answer:

Follow ratio decidendi of higher courts when the material facts are similar

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