Examlex
Consideration to support a simple contract is not sufficient value to support the acquisition of a security interest.
Commerce Clause
A provision in the U.S. Constitution that grants Congress the power to regulate commerce with foreign nations, and among the several states and with the Indian tribes.
Interstate Commerce
The buying, selling, or moving of products, services, or money across state lines, subject to federal regulation.
State Laws
Laws that are enacted and enforced by individual states, as opposed to federal laws that apply to all states in the country.
Police Power
The states’ power to regulate to promote the public health, safety, morals, and welfare.
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