What was the significance of the Supreme Court case Fletcher v. Peck in 1810?

The significance of Fletcher v. Peck in 1810 lies in its role as the first time a state law was ruled unconstitutional by the Supreme Court. This landmark decision established the principle that the Supreme Court has the authority to invalidate state laws that conflict with the Constitution. The case arose in the context of a land grant made by the state of Georgia that was later rescinded, leading to a dispute over the validity of contracts and the protection of property rights. This ruling reinforced the judiciary's power and set a precedent for the protection of contracts and the sanctity of property rights in the face of legislative changes. The outcome highlighted the importance of the Supreme Court in maintaining federal constitutional principles above state legislation, ultimately shaping the relationship between state and federal authority.

The other options, while related to important themes in legal history, do not accurately capture the core legal precedent set by this case. For instance, while it touches upon issues of property and contracts, it is not specifically about federal versus state law, Native American land rights, or a presidential veto.