Lacking the Obvious Democratic Institution-Being Elected-The Courts Are Often Criticized

question 34

Essay

Lacking the obvious democratic institution-being elected-the courts are often criticized for being an undemocratic institution. What are some ways in which the courts are undemocratic? What are some ways in which the courts are democratic? Assess the evidence: on balance do you think the court is more democratic or undemocratic? Justify your answer.

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Definitions:

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.

Loan

A sum of money that is borrowed and is expected to be paid back with interest.

Prime Rate

The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in lending rates.

Negotiable

Capable of being transferred or sold with ease and having the ability to be converted into cash or equivalent.