Jim Assumes That Freedom Is Exclusively Negative Freedom from Interference

question 46

True/False

Jim assumes that freedom is exclusively negative freedom from interference by government agencies and other people. This leads to the absurd conclusion that the person who is most free is the person out in the middle of the desert, safely out of range of interference from the government and other people.

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Definitions:

Profit-Oriented Entity

A business whose primary goal is to generate profits rather than focusing on other goals such as social impact or environmental sustainability.

Fair Value

The financial return from disposing of an asset or expense of transferring a liability in a systematic transaction with market entities at the point of measurement.

Carrying Value

The book value of assets and liabilities as reported on the balance sheet, reflecting original cost adjusted for depreciation, amortization, and impairments.

Restricted Fund

Funds that are earmarked for a specific purpose by the donor or governing body and cannot be used for general expenses.