as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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briefly explain the significance of the supreme court ruling in marbury v madison.
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the supreme court's decision in marbury v. madison established the principle of judicial review in the united states. this means that federal courts have the final say in interpreting the constitution and settling conflicts between federal and state law. it is considered one of the most important cases in u.s. constitutional law, as it is the foundation of judicial review and has heavily impacted our legal system.
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