Nozick Rejects the Notion of Distribution of Society's Benefits Based

question 15

True/False

Nozick rejects the notion of distribution of society's benefits based on equality or desert. He maintains that if we rightfully possess any goods (i.e., we obtained them legitimately), then we own them; they are not ours because we are entitled to equal shares of them or because we deserve them.
-Nozick's preferred principle of distribution is not patterned.

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Definitions:

Interest

The cost associated with the right to borrow funds, often represented as a percentage rate per year.

Compounded Semi-Annually

An approach to calculating interest where the interest is added to the principal twice a year.

Loan

The lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc.

Amount

The total sum or quantity of something.