The principle by which judges are bound to precedents is known as stare decisis. Black's Law Dictionary defines precedent as a rule of law established for the first time by a court for a particular type of case and thereafter referred to in deciding similar cases..
Oak Island is a seaside town located mostly on the barrier island of Oak Island (which also contains the town of Caswell Beach), in Brunswick County, North Carolina.
History of Oak Islandâs Treasure. For over 200 years, Oak Island, Nova Scotia has enthralled, delighted and frustrated those who have dug in its famous Money Pit looking for the renowned Oak Island Treasure.