There Are Four Rights of Directors Explained in the Text

question 38

Essay

There are four rights of directors explained in the text. Please list and describe each of these four rights.

---

Definitions:

Hobbes

Refers to Thomas Hobbes, a 17th-century English philosopher known for his social contract theory, outlined in his work "Leviathan", advocating for the necessity of an absolute sovereign for societal peace.

Locke

John Locke was a 17th-century English philosopher and political theorist, considered one of the founding figures of modern philosophical empiricism and liberalism.

Free Markets

Economic systems in which prices for goods and services are determined by the open market and consumers, with minimal government intervention.

Inequality

The state of not being equal, especially in status, rights, and opportunities, often discussed in social, economic, and political contexts.