Rawls Believed That, While in an Original Position, Individuals Would

question 60

True/False

Rawls believed that, while in an original position, individuals would agree on principles that are fundamentally fair, because they are unable to act in a manner of self-interest that would be fair to some, but not to others.

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Definitions:

New York Stock Exchange

The world's largest stock exchange by market capitalization, located in New York City, where financial securities are bought and sold.

Merger

The combination of two or more entities into one, typically by offering stockholders of one entity shares in the acquiring company.

Majority Shareholder

An individual or entity that owns more than half of a company's shares, giving them significant control.

Premium

The amount paid for an insurance policy, or an amount paid above the normal cost of something.