What is true of "stare decisis"?

Group of answer choices

It is a law related to the transfer of property, vehicle or watercraft ownership registration, and the disposition of property after death.

It states that the Supreme Court has discretionary jurisdiction to hear any case it wishes to hear.

It dictates that cases such as a state court interpreting its own state's Constitution come under the jurisdiction of the U.S. Supreme Court.

It is a term used to describe a legislature in which two bodies exist.

It is the principle which states that all courts are bound to follow precedent established by the U.S. Supreme Court.