Simple English definitions for legal terms
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Term: MALO ANIMO
Definition: Malo animo means doing something with bad intentions or malice. It is a Latin phrase that describes when someone does something with the purpose of causing harm or being mean to someone else.
Example: If someone spreads rumors about another person with malo animo, they are intentionally trying to hurt that person's reputation and feelings.
Definition: With evil intent; with malice.
Example: The defendant acted malo animo when he intentionally caused harm to the victim.
Explanation: The example illustrates the definition by showing that the defendant had a malicious intent to harm the victim. The phrase "malo animo" is often used in legal contexts to describe intentional wrongdoing.
Definition: Unwillingly.
Example: She agreed to help her friend move, but did so malo grato.
Explanation: The example illustrates the definition by showing that the person agreed to help, but did so unwillingly. The phrase "malo grato" is often used to describe doing something reluctantly or without enthusiasm.
Definition: A 1938 amendment to the Securities Exchange Act of 1934, providing for broker registration in over-the-counter markets.
Example: The Maloney Act was passed in response to concerns about fraud and manipulation in over-the-counter markets.
Explanation: The example illustrates the definition by showing that the Maloney Act was a specific piece of legislation that addressed a particular issue in the financial industry. The act required brokers to register with the Securities and Exchange Commission in order to increase transparency and prevent fraudulent activity in over-the-counter markets.