Examlex
In this reading Russell argues that the value of philosophy is not in any ability to produce material goods ("philosophy bakes no bread") or arrive at definitive conclusions about the nature of reality. Its value comes from its effect on the lives of those who take it seriously. By studying the perennial questions of philosophy, we enhance our appreciation of what is possible, weaken the dogmatism that prevents exploration and speculation, and render the mind great through contemplation of the greatness of the universe.
-Aquinas is a religious skeptic.
Bilateral Contract
An agreement involving two parties where each promises to perform an act in exchange for the other's act.
Unilateral Contract
A legal agreement in which only one party makes a promise or undertakes a performance obligation in exchange for an act by the other party.
Breach of Contract
An act of breaking the terms set out in a contract, which can result in legal consequences for the party that fails to honor its commitments.
True Value
The genuine or actual worth of an item, service, or financial instrument as determined by underlying characteristics and market conditions.
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