What Was the Basis of Justice John Marshall's Assertion That

question 53

Multiple Choice

What was the basis of Justice John Marshall's assertion that the federal courts have the power of judicial review?

• A) The Constitution grants the federal courts the power of judicial review.
• B) It is the duty of the federal judges to say what the law is; therefore, it is necessary for them to interpret and expound upon the law.
• C) Congress would have to ask the courts for permission to pass laws.
• D) The president should not be able to "get around" Congress by issuing executive orders on any issue he or she would like.
• E) The federal courts, since they are the least political branch of government, should have the power to review the actions of the political branches.

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Definitions:

Book Value

The net value of a company's assets found on its balance sheet, calculated as total assets minus intangible assets (patents, goodwill) and liabilities.

Net Income

The amount of profit left after all expenses, taxes, and costs have been subtracted from total revenue.

Corporate Tax Rate

The share of a business's profits that is remitted to the government as taxation.

Variable Costs

Costs that vary in relation to a company's operational activities, like labor and material expenditures.