What is black Thursday

Black Thursday refers to October 24, 1929, when panicked sellers traded nearly 13 million shares on the New York Stock Exchange (more than three times the normal volume at the time), and investors suffered $5 billion in losses.

Black Thursday began the Wall Street crash of 1929, which lasted until October 29, 1929. Many investors had borrowed or leveraged heavily to buy stocks, and the crash on Black Thursday wiped them out financially–leading to widespread bank failures.

Explanation:

civil and criminal courts are fair.

Common law as described by the Seventh Amendment makes sure that civil and criminal courts are fair. The 7th Amendment of the constitution of the United States of America is that Bill of rights which makes sure that the jury guarantees a fair trial for civil cases in the federal courts.