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In This Selection Russell First Distinguishes Between Knowledge by Acquaintance

question 8

Multiple Choice

In this selection Russell first distinguishes between knowledge by acquaintance (e.g., knowledge by appearances, such as "I seem to see a red book," "I am in pain," or "I think, therefore I am") and knowledge by description (knowledge of truths, such as your knowing that you are really seeing a red book or that your pain is caused by having twisted your ankle) . Knowledge by acquaintance is generally thought to be infallible because believing it makes the proposition true. But the same is not the case for descriptive knowledge claims because your beliefs could be false. Thus, descriptive knowledge is dualistic-it has the properties of truth and falsity as opposites-whereas knowledge by acquaintance is monistic and does not admit such opposites. Russell goes on to specify the conditions for an adequate theory of truth and shows how the correspondence theory meets these conditions, whereas the coherence theory does not.
-According to Russell, a theory of truth must

Definitions:

Cash Flow

The total sum of cash and cash-equivalents that flows in and out of a company.

Present Value

The worth at present of a future money amount or cash flow sequences, evaluated using a certain rate of return.

Future Value

The future value of an asset or cash that, on a specific future date, is equal in worth to a given amount today.

Cash Flow

The total financial movement entering and exiting a business, substantially affecting its operational liquidity.