A minor’s declaration of trust is voidable.
The Labor-Management Reporting and Disclosure Act is aimed at eliminating
corruption in labor unions.
The term mala prohibita refers to the bad act element of a crime.
The Congressional power to borrow money on the credit of the United States and to
coin money have enabled the federal government to establish a national banking
system, the Federal Reserve System, and specialized federal lending programs such as
the Federal Land Bank.
A number of courts have used the doctrine of promissory estoppel to displace the
requirement of a writing by enforcing oral contracts within the statute of frauds.
If a person is unable to understand the nature and effect of entering into a contract, he or
she can avoid it.