The significance of **parliamentary sovereignty** lies in the principle that the **parliament** is the supreme legal authority within the state, enabling it to enact, amend, or repeal any law without opposition from other entities. This concept asserts that no legislation or judicial decision can challenge the final authority of parliament, emphasizing the importance of democratic legitimacy. Parliamentary sovereignty is fundamental to the functioning of **parliamentary systems**, allowing elected representatives to reflect the will of the people. However, it can raise issues concerning the rights of minorities and the potential for **majoritarian rule**, necessitating a balance between authority and democratic safeguards.