John Locke's Contract Theory of Government Argued That

question 85

Multiple Choice

John Locke's contract theory of government argued that

• A) men have certain rights in the state of nature, including the right to life, liberty,
• And property.
• B) governments were formed when strong men seized authority as kings to protect natural rights.
• C) kings have a divine right to rule their subjects as long as their subjects prosper.
• D) the only legitimate governments are ones that allow all adults, regardless of sex and race, to vote.
• E) the government's chief duty is to wage war against other nations.

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Definitions:

Net Working Capital

Net Working Capital is a measure of a company's short-term financial health, calculated as current assets minus current liabilities.

Present Value

The contemporary valuation of future financial inflows or a lump sum, adjusted for a specific rate of return.

Rate of Return

A measure of the gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.

Net Working Capital

Net Working Capital is a financial metric that calculates the difference between a company's current assets and its current liabilities, indicating the company’s short-term financial health.