Which of the following reflects the decisions made in a court of law that guide future judgments?

The term 'Judicial Precedent' refers to decisions made by higher courts that establish legal principles which must be followed by lower courts when similar cases arise in the future. This doctrine promotes consistency and predictability in the law, as it ensures that similar issues are addressed in the same manner across different cases. Essentially, judicial precedents create a framework within which courts operate, helping to maintain fairness and coherence in legal proceedings.

In contrast, 'Precedent Law' is a more general term that may not convey the same specificity or establish a clear mechanism for the guidance of lower courts. While 'Active Litigation' pertains to the ongoing legal proceedings rather than the principles derived from past cases, 'Statutory Interpretation' involves the process by which courts interpret and apply legislation, rather than relying on prior judicial decisions. Therefore, 'Judicial Precedent' captures the essence of the principles derived from court rulings that guide future court decisions effectively.