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Grantham University Stare Decisis Discussion

Overview

I don’t know how to handle this Business Law question and need guidance.

In a dispute between Cloud Computing Corporation and Digital Enterprises, Inc., the court applies the doctrine of stare decisis.  What is this doctrine?  What does this doctrine have to do with the American legal system? Can this doctrine ever be overruled or overturned? If so, how? Lastly, do you believe most businesses in the United States agree with stare decisis or disagree with the concept? Why?