Precedent is:
A. An earlier court decision on an issue that governs or guides a subsequent court in its determination of an identical or similar issue based on identical or similar key facts
B. A decision from a higher court in a jurisdiction
C. A decision that a court may look to for guidance when reaching a decision but is not bound to follow
D. A basic principle of the common law system that requires a court to follow a previous decision of that court or a higher court in the same jurisdiction when the current case involves issues and key facts similar to those involved in the previous decision
E. All of the above
Answer: A
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