In the Context of the Social Contract Theory,explain the Ethical

question 47

Essay

In the context of the social contract theory,explain the ethical principles proposed by John Rawls.

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Definitions:

Probability Distribution

An analytical function detailing each potential outcome and its probability for a random variable within a set interval.

Variability

The extent to which data points in a dataset differ from each other and from the mean, often used in statistics.

Stand-Alone Basis

Evaluation or analysis of a project or company as if it were independent from its parent organization or any other entities.

Mean Return

The average return on an investment over a specified period, used to indicate its expected performance.