Wolff Sets Forth a Version of Anarchism, Holding That All

question 1

Multiple Choice

Wolff sets forth a version of anarchism, holding that all forms of government violate our overriding duty to act autonomously. Wolff's argument (and essay) can be divided into two parts. In the first he describes the meaning of political authority, distinguishing it from mere power. In the second part he defines autonomy and argues that it is incompatible with accepting authority.
-Hobbes never claimed that

• A) life in a state of nature is brutish and short.
• B) we need an enforceable set of rules.
• C) a pure state of nature ever existed.
• D) we need a Leviathan.

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Definitions:

Going-Private Transaction

A going-private transaction involves the buyout of all of a publicly traded company's shares, resulting in the company becoming privately owned.

Borrowed Funds

Money obtained through loans, typically used for business ventures or investment with an expectation of repayment.

Incumbent Management

The current team operating and managing a company, particularly during an attempt of take-over or acquisition.

Management Buyout

A transaction where a company's management team purchases the assets and operations of the business they manage.