​Why Did Many Philosophes Reject Democracy and Prefer an Enlighted

question 72

Short Answer

​Why did many Philosophes reject democracy and prefer an enlighted despot?

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Definitions:

Implicit Lease Rate

An inferred interest rate in a lease agreement, calculated from the lease payments, the fair value of the leased asset, and the residual value.

Present Value Interest Factors

A factor used to calculate the present value of a future amount when the interest rate and period are known.

Guaranteed Residual Value

Guaranteed Residual Value is an assurance that the value of an asset at the end of its lease term will be at least a specified amount.

Maintenance Agreement

A contract between a service provider and a client that outlines the terms for the maintenance of equipment, buildings, or software.