• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

alinoumanmemon

Profile picture of alinoumanmemon
Active 12 years ago
  • Topics: 2
  • Replies: 3
  • ☆
  • Profile
  • Forums
  • Topics Started
  • Replies Created
  • Engagements

Forum Replies Created

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • October 20, 2010 at 9:02 am #69300
    mysteryalinoumanmemon
    Member
    • Topics: 2
    • Replies: 3
    • ☆

    Thanks all of you for spending your valuable time to answer me. Let me tell you what i have understood about case law and precedent till date

    CASE LAW
    It is judge made law consisting of decisions made in the courts.

    PRECEDENT
    It is judge’s judgement on facts in a case. Binding precedent should form part of ratio and precedents forming part of obiter are not binding. binding precedent is regarding proposition of law not on question of fact i.e if in a case there are two judgements by the judge one on proposition of law and other on question of fact. The judgement regarding proposition of law is ratio and thus binding precedent where as judgement on question of fact is obiter and not binding. There may be more than one precedent from a previous case.

    Now this is what i have understood till date.Correct me if I am wrong

    October 16, 2010 at 6:09 pm #69295
    mysteryalinoumanmemon
    Member
    • Topics: 2
    • Replies: 3
    • ☆

    @werty said:
    Case law simply refers to disputes which are settled by the legal system through the workings of the Courts. Each dispute is called a case.

    When judges are deciding which party should “win” a case, they have to follow ( with certain exceptions! ) the previous decisions made by judges in earlier case dispute resolution where the facts of the recent case are sufficiently similar to the facts of the earlier case. The principle is called “judicial precedent” and a past exam question read “Judicial precedent is the cornerstone of English Law. Discuss”

    This earlier judge’s decision is broken down into two elements – ratio decidendi and obiter dicta. It is only the ratio which is binding on later judges in later similar cases. Obiter is merely persuasive – but not binding.

    So – “case law” refers to cases brought before the Courts

    Precedent is the principle which makes judges follow the principles of law established in earlier similar cases.

    Does that help?

    I have few questions regarding your above reply

    1. What is meant by dispute resolution?
    2. While mentioning judicial precedent you have mentioned “decision”, is this final decision of the case or decision of the judge on a fact please clarify.
    3. Are case law and precedent principally the same things i.e case law is broad and precedent is part of it?

    October 13, 2010 at 2:59 pm #69292
    mysteryalinoumanmemon
    Member
    • Topics: 2
    • Replies: 3
    • ☆

    well if both are decisions then what is the difference. If we take an illustration as A & B enter a contract B commits breach of contract, the judge gives his decision now in this illustration what will be case law and precedent.

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • EricObi on IAS 37 – Best estimate – ACCA Financial Reporting (FR)
  • Ken Garrett on The nature and structure of organisations – ACCA Paper BT
  • John Moffat on MA Chapter 4 Questions Cost Classification and Behaviour
  • maryrena77 on The nature and structure of organisations – ACCA Paper BT
  • vi234 on MA Chapter 4 Questions Cost Classification and Behaviour

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in