Examlex
When considering the history of the federal government's powers over the states, what generally happens with the federal power during major economic depressions or world wars?
Basic Assumption
A fundamental belief or principle that is accepted as true without need for proof, underlying the basis of an argument or theory.
Material Effect
An impact significant enough to influence a decision, outcome, or valuation, often used in legal and financial contexts.
Rescind
means to revoke, cancel, or repeal a contract, decision, or agreement.
Future Transactions
Predicted or planned financial dealings that will take place at a later date.
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