Final answer:
True. Precedent is followed by later courts in the same jurisdiction under the principle of stare decisis.
Step-by-step explanation:
True
Precedent is followed by later courts in the same jurisdiction, under the principle of stare decisis. This Latin term means "to stand on the decision," and it refers to the practice of judges looking to previous cases to guide and justify their decisions. By following precedent, the courts ensure consistency and stability in the law. However, it's important to note that new precedents can be created, and judges may interpret and apply them in order to adapt to changing times and circumstances.