The precedent on an issue is the collective body of judicially announced principles that a court should consider when interpreting the law. Precedent is central to legal analysis and rulings in common law countries like England and the United States. Nowadays the European scholars have recently attempted to apply the precedents in order to establish which precedents are most important or authoritative, and how the court’s interpretations and priorities have changed over time. In Republic of Moldova judicial precedent is not a source of law, which is not fair in our point of view, because a judicial precedent attaches a specific legal consequence to a detailed set of facts in an adjudged case or judicial decision, which is then considered as furnishing the rule for the determination of a subsequent case involving identical or similar material facts and arising in the same court or a lower court in the judicial hierarchy.