Identify the Following Terms

question 50

Short Answer

Identify the following terms:
Lazaro Cardenas and PEMEX

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Definitions:

Basic Assumption

A fundamental principle or belief that is accepted as true without proof.

Voidable

Refers to a legal distinction indicating that an agreement or transaction can be nullified or canceled by one of the parties involved.

Rescinded

Describes an action whereby a contract, order, or agreement is revoked, canceled, or repealed.

Antedated

Refers to a document or event dated earlier than the actual date, often done to give the appearance of an earlier occurrence.