Discuss How the U

question 51

Essay

Discuss how the U.S. Supreme Court can impact many of the nation's political policies through its decisions on which cases to hear or to not hear. Is this a proper use of the Court's discretion? Why or why not?

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Definitions:

Interest

The cost of borrowing money or the return on investment, typically expressed as a percentage over a period of time.

Principal

The original sum of money borrowed in a loan, or the amount of the investment on which interest is calculated.

Promissory Note

A Promissory Note is a financial document in which one party promises to pay a specified sum of money to another party at a predetermined date or on demand.

360-Day Year

A simplified method for calculating interest based on a year of 360 days instead of the actual 365 or 366 days.