What is meant by the term the ratio decidendi in a case? Which of the following is correct?

Group of answer choices

The ratio decidendi is the statement at the end of the decision by the judge which concludes the case

The ratio decidendi of a case is the reason for the decision; it is the principle on which a matter was decided in the court, as distinct from the obiter or comments

The ratio decidendi is the latin word for the statement of the important facts outlined in a case

The ratio is a reference to the importance of certain evidence presented in the case