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.
Subscribe You are signed in. Definition of rack rent. An amount of money for renting a house, office etc that is not fixed or controlled by law, but is agreed between the person owning the property and the person renting it. In the US, this expression is used to talk about unfairly high rent charged for a property. Print.