But treaties are also trickier to come by, because they need Senate approval. That is one reason why presidents in recent decades have opted for executive agreements, which typically donât require congressional input. But they carry a major drawback: they can be reversed by the next president.
Download article as a PDF. Racketeering is when organized groups run illegal businesses, known as ârackets,â or when an organized crime ring uses legitimate organizations to embezzle funds. Such activities can have devastating consequences for both public and private institutions.
rack jobbers. Wholesaler that provides racks of merchandise for retail locations and split the profits obtained from sales between the two parties. Convenience stores are often made up various rack jobbers from large and small wholesalers. For example, the rack of chips in a store from Frito Lay would be a considered a rack jobber.