Every mathematical theory is based on a set of axioms. Usually these axioms are not mentioned when a mathematical equation is presented. Mathematicians know from their education on which axioms mathematical theories are based. Indeed, mathematical theories usually are based on very few axioms. Some of them are mentioned in the example below.
Any more-or-less arbitrarily chosen system of axioms is the basis of some mathematical theory, but such an arbitrary axiomatic system will not necessarily be free of contradictions, and even if it is, it is not likely to shed light on anything. Philosophers of mathematics sometimes assert that mathematicians choose axioms "arbitrarily", but the truth is that althought they may appear arbitrary when viewed only from the point of view of the canons of deductive logic, that is merely a limitation on the purposes that deductive logic serves.
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