Which of the Following Statements Best Describes the Supreme Court

question 90

Multiple Choice

Which of the following statements best describes the Supreme Court?

• A) The Court has no discretion whatsoever to decide which cases it will hear because its jurisdiction is defined entirely by the Constitution.
• B) The Court has limited discretion to decide which cases it will hear and it is forced to hear many cases that address only narrow,technical issues of federal law.
• C) The Court has limited discretion to decide which cases it will hear,and it is forced to hear only those cases that raise the most important issues of federal law.
• D) The Court has broad latitude to decide which cases it will hear and generally hears only those cases it deems to raise the most important issues.
• E) The Court has broad latitude to decide which cases it will hear and generally avoids those cases that it deems to raise the most important issues.

---

Definitions:

Going Public

The process by which a privately-held company offers shares to the public for the first time, often through an Initial Public Offering (IPO).

Increased Liquidity

A situation where an asset or security can be quickly bought or sold in the market without significantly affecting its price due to high trading volume.

Securities and Exchange Commission

A U.S. government agency that oversees securities transactions, activities of financial professionals and mutual fund trading to prevent fraud and intentional deception.

Governmental Body

An organization or agency that is part of the government, responsible for enforcing laws, regulations, and providing public services.