Found 32 Articles for Legal Maxims

Malum Prohibitum: Definition and Meaning

Mukesh Kumar
Updated on 06-Oct-2023 12:53:09

74 Views

When viewed alongside crimes governed by English common law and blatant transgressions of social norms, which are described as malum in se, the Latin term malum in se, which means "wrong due to being prohibited, " refers to crimes made such by statute. In addition to "white collar crimes" like inappropriate use of insider knowledge, issuing stocks without a permit that are purposefully unsupported by real assets, and tax evasion are examples of statutory crimes. Acts that are prohibited by law are done so for the benefit of the community and are not inherently sinful or unethical. ... Read More

Mala Fide: Definition & Meaning

Mukesh Kumar
Updated on 06-Oct-2023 12:51:44

143 Views

Mala fide is Latin for "in bad faith." A person intentionally tries to cheat or deceive you; this is known as performing a mala fide activity. Mala fide is the reverse of bona fide, which means "in good faith". Mala fide actions go against the objective for which they are approved to be used. The action is tainted by dishonesty in the performance of duty alone. Even in the absence of evidence of motive or dishonesty, an action is terrible. Its legal use is somewhat as follows, any sale that appears to be made in bad faith needs to ... Read More

Advertisements