In a constitutional presidential system of government, the doctrine of checks and balances grants the judiciary the power of judicial review to declare acts of the legislature or actions of the executive null and void if they violate the constitution.
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The statement is True. Judicial review is an established constitutional power of the judiciary designed to check both the legislative and executive branches.
The statement is correct because judicial review is the principal mechanism by which the courts ensure that neither the law-making body nor the executive organ exceeds its constitutional powers.
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Judicial Review as a Mechanism of Checks and Balances