Some Leading Benefits of Latin (and Classical) Studies. You don't just read about Seneca or Caesar; you read the words of Seneca and Caesar themselves. You don't just speak your own modern language unreflectively, but you learn where much of it came from, after actually seeing the contents and the workings of one of its greatest sources.
Every state has some version of a statute of frauds. A statute of frauds is a law that deems certain types of oral contracts unenforceable unless there's a writing that evidences the agreement. The writing doesn't need to be a formal, written contract.
For more than four years, authorities have struggled to successfully prosecute a Wall Street bank or its executives for alleged misconduct during the financial crisis. Now, time may be running out. Under federal securities law, the statute of limitations in fraud cases normally lasts five years. Given that the bulk of the mortgage-related securities that precipitated the crisis were created in 2006 and 2007, the window of opportunity for authorities to bring new charges is rapidly closing.