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Why doctrine of precedent is more important

The following are the advantages of precedents

  1. It  ensure stability, predictability and  certainty in the administration of law and thereby assure people’s protection of their rights and commercial transactions;
  2. It avoid chaos in human relations because of different interpretation of the law;
  3. It bring efficiency in the dispensation of justice by the court;
  4. It To treat all people who go to court equally and therefore avoid biasness.