The Power of the Courts to Determine the Constitutionality of a Law

question 28

Multiple Choice

The power of the courts to determine the constitutionality of a law or action is called

• A) judicial review.
• B) appellate review of fact.
• C) precedent.
• D) the writ of judicial appeal.
• E) habeas corpus.

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Definitions:

Balance Sheet Columns

The sections in a balance sheet that categorize and display a company's assets, liabilities, and shareholders' equity at a specific point in time.

Net Income

The complete income of a company once all costs and taxes are subtracted from its total revenue.

Net Loss

The result when a company's total expenses exceed its total revenues during an accounting period, indicating a decrease in owner's equity.

End-of-period Spreadsheet

A financial document summarizing a company's financial data at the end of an accounting period, including assets, liabilities, and equity.