Magna Carta was a peace treaty between John and his barons that promised that the monarch would defend religious freedom, and respect feudal rights, and privileges. Hence option 3
What did Magna Carta significies?
In many ways, the American founding was based on the moral and political foundation that the Magna Carta established.
The idea that the people may defend their rights against an unjust ruler and that the power of the state can be constrained to do so came to be symbolized by the Magna Carta.
Hence option 3 is correct regarding Magna Carta.
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