The question is incomplete. This is the complete question:
The state trial court in Nevada has issued a decision in which a party has been found guilty of fraud. Should a case arise in the future with the same basic fact situation, Nevada courts will be bound by precedent to follow the reasoning and decision of this prior decision.
Answer:
No, should a case arise in the future with the same basic fact situation, Nevada state trial courts will not be bound by precedent to follow the reasoning and decision of this prior decision, because the decisions of trial courts do not use precedents or rulings established in previous legal cases to arrive at decisions on future disputes involving different or entirely new parties.