Judicial Review Is

question 35

Multiple Choice

Judicial review is

• A) a method by which the president can check the judiciary.
• B) the process of confirmation of federal judges by Congress.
• C) the power of the courts to declare federal or state laws and other acts of government unconstitutional.
• D) not applicable to actions by state governments.
• E) restricted to the Supreme Court in overturning decisions by lower courts.

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Definitions:

Investing Activities

Financial transactions related to the acquisition or disposal of long-term assets and other investments not included in cash equivalents.

Cost Control

The practice of managing and reducing business expenses to increase profits without compromising product or service quality.

Gross Profit

The financial gain obtained after subtracting the cost of goods sold from the revenue generated from sales.

Operating Expenses

The costs associated with the day-to-day operations of a business, excluding costs related to production.