Examlex
What is the Federal Reserve System (the Fed),and what are its powers? Has the Fed been effective at fighting financial crises,such as the foreclosure crisis that occurred in the first decade of the 2000s?
Avoid The Contract
The act of declaring a contract null and void, meaning it is treated as if it never existed due to breaches or violations of terms.
Ratification
The act of accepting and giving legal force to an obligation that previously was not enforceable.
Legal Force
the effect or power of law enforced by judicial or governmental institutions to mandate compliance or punish violations.
Mentally Incompetent
A legal status indicating that an individual lacks the mental capacity to manage their own affairs or make important decisions.
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