Completed in 2016,Panama Completed a Five-Billion-Dollar Expansion of the Canal

question 51

True/False

Completed in 2016,Panama completed a five-billion-dollar expansion of the canal to accommodate larger ocean-going vessels.

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Definitions:

Offers

Proposals presented by one party to another as a basis for negotiations or a possible agreement in a contract.

Promissory Estoppel

A legal principle that prevents a promisor from revoking a promise when the promisee has reasonably relied on the promise to their detriment, thereby enforcing the promise to avoid injustice.

Governmental Contracts

Agreements entered into by government agencies with private entities or individuals for the supply of goods, services, or the undertaking of works.

Offerees

Individuals or entities to whom an offer is made, which they can either accept or reject.