Examlex
When an agent acts within the scope of the agent's authority,the principal is bound by the contract,whether the principal likes it or not.
Social Contract
A theory in political philosophy that posits an implied agreement between the governed and the government, defining the rights and duties of each.
Rawlsian Justice
A philosophy of fairness in the distribution of wealth and opportunities, advocating for social and economic inequalities to be arranged so that they benefit the least advantaged members of society.
Public Good
A good that is non-excludable and non-rivalrous, meaning it can be consumed by many people without reducing its availability to others.
Utilitarian Justice
An ethical framework that assesses actions based on their consequences, aiming to maximize overall happiness and minimize suffering.
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