The Supreme Court of the United States spends much, if not most, of its time on a task which is not delegated to the Supreme Court by the Constitution. That task is: Hearing cases wherein the constitutionality of a law or regulation is challenged. The Supreme Court's nine Justices attempt to sort out what is, and what is not constitutional. This process is known as Judicial Review. But the states, in drafting the Constitution, did not delegate such a power to the Supreme Court, or to any branch of the government.
Since the constitution does not give this power to the court, you might wonder how it came to be that the court assumed this responsibility. The answer is that the court just started doing it and no one has put a stop to it. This assumption of power took place first in 1794 when the Supreme Court declared an act of congress to be unconstitutional, but went largely unnoticed until the landmark case of Marbury v Madison in 1803. Marbury is significant less for the issue that it settled (between Marbury and Madison) than for the fact that Chief Justice John Marshall used Marbury to provide a rationale for judicial review. Since then, the idea that the Supreme Court should be the arbiter of constitutionality issues has become so ingrained that most people incorrectly believe that the Constitution granted this power to the federal judiciary.The Supreme Court received this power after the famous Marbury vs. Madison case in 1803. Accordingly, James Madison (Thomas Jefferson's Secretary of State) refused to seat William Marbury as a District of Columbia justice of the peace. The Supreme Court ruled that it was wrong of Jefferson to use his executive authority to prevent the seating of a judge.
Answer:
Among the options given on the question the correct answer is option A.
Investors using information that is not available to the public in investing.
Explanation: Insider trading is now an alarming subject in any business institution. Insider trading means trading of a public company stock or security to any outsider investor which contains non public information.
The goal this insider trading is to gain illegal benefits by any investor who wants gain more profit than other investors.Because through the insider trading he/she know the information that the other don't know. As a result, they get extra facilities in stock market and gain vast profit.
However, now there is law that if a person get this kind of information through any give and take activities he will be prosecuted in the court and will be punished if proved as guilty.
But there are both critics and advocates for the insider trading which made this as a controversial issue.
Laissez-faire An economic doctrine that opposes government interference in economic activities
Economist A person who studies the field of economics
Physiocrat An 18th century French economist
Production Something that is produced; a product
Capital Money that used to produce greater of money
Barter To trade goods or services without the exchange of money
