No Prominent ________ Theory Has Contained a Distributive Principle That

question 27

Short Answer

No prominent ________ theory has contained a distributive principle that requires equal sharing of all social benefits to all persons. The dominant theories of this type are qualified ones that identify basic equalities while permitting some inequalities.

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Definitions:

Account Group

Sets of accounts that are categorized together for the purpose of organization, reporting, or management purposes in accounting.

Copyrights

Legal rights granted to the creators of original works, protecting them against unauthorized use for a certain period.

T Account

A visual representation of a ledger account that displays its debit and credit sides to illustrate transactions.

Accounts Payable

Short-term liabilities or obligations to suppliers or creditors for goods and services received but not yet paid for.