Final answer:
Judicial review is crucial for courts, especially the Supreme Court, to assess the constitutionality of laws and protect individual rights. The famous court case Marbury v. Madison established the Supreme Court's right to exercise the power of judicial review.
Step-by-step explanation:
Judicial review is a crucial power held by courts, especially the Supreme Court, in the United States. It allows the courts to assess the constitutionality of laws and determine if they violate the principles outlined in the Constitution. This power is important because it ensures that the government's actions are in line with the Constitution and protects individual rights.
The famous court case that established the Supreme Court's right to exercise the power of judicial review is Marbury v. Madison. In this landmark case in 1803, Chief Justice John Marshall asserted the Court's authority to declare an act of Congress unconstitutional, setting the precedent for future judicial review.