What Doctrine Is an Extension of Locke's Idea That People

question 1

Multiple Choice

What doctrine is an extension of Locke's idea that people are able to make rational decisions and that they understand what policies would best serve their interests?

• A)Minority rights
• B)Majority rule
• C)Separation of powers
• D)Limited government
• E)Checks and balances

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Definitions:

Subscription

A payment for a service or product that is provided over a period of time, typically regularly (such as monthly or annually).

Watered Stocks

Shares of a company that have been issued at a price far greater than the asset value of the company, leading to an inflation of the company's market value without an increase in actual capital.

Fair Market Value

The price a willing, informed, and not under pressure buyer would pay to a willing, informed, and not under pressure seller in the market.

No-Par

No-par refers to shares of stock issued without a par value, which means the stock's face value is not set and is determined by the market.