The Idea That the Justices Should Be Less Active in Reviewing

question 17

Multiple Choice

The idea that the justices should be less active in reviewing cases from the legislatures and Congress is referred to as judicial

• A) restraint.
• B) activism.
• C) review.
• D) antagonism.

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Definitions:

Winner's Curse

The tendency of auction winners to have paid more than the item's actual value, often due to competitive bidding and overestimation of worth.

Bid Shading

A strategy in auctions where bidders intentionally bid lower than their actual value to increase the chance of winning at a lower price.

Bid-rigging

A form of fraud where competitors conspire to determine the winner of a bidding process, undermining fair competition.

English Auctions

A method of sale in which the price ascends and participants bid openly against each other, with the item being sold to the highest bidder.