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.
A person who is dishonest may be called a fraud. In the U.S. legal system, fraud is a specific offense with certain features. Fraud is most common in the buying or selling of property, including real estate, Personal Property, and intangible property, such as stocks, bonds, and copyrights.raud. A false representation of a matter of factâwhether by words or by conduct, by false or misleading allegations, or by concealment of what should have been disclosedâthat deceives and is intended to deceive another so that the individual will act upon it to her or his legal injury.