According to Machiavelli and Hobbes, Which Is TRUE

question 12

Multiple Choice

According to Machiavelli and Hobbes, which is TRUE?

• A) Humans will be in a perpetual state of conflict as they compete for material goods, power and esteem.
• B) Human conflict must be controlled by the state.
• C) Social contracts, in the forms of things like laws and rules, are necessary to allocate scarce resources and secure social stability.
• D) All of the above are true.

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Definitions:

Diminishing-Balance Method

A method of accelerated depreciation where an asset loses value by a fixed percentage each year over its useful life.

Constant Percentage

A fixed rate applied over time or across instances, often used in calculation methods or financial formulas.

Straight-Line Depreciation

is a method of calculating the depreciation of an asset by evenly spreading its cost over its useful life.

Residual Value

The anticipated amount an asset is expected to be worth when it is sold after reaching the end of its usability.