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Discuss Distributive Justice, Procedural Justice, and Interpersonal Justice

question 57

Essay

Discuss distributive justice, procedural justice, and interpersonal justice.


Definitions:

Concerted Action Requirement

A legal criterion necessitating a cooperative or joint effort among individuals or entities to achieve a particular outcome.

Conscious Parallelism

A situation where firms in an industry independently choose similar pricing, production, or marketing practices without explicit agreement.

Wholly Owned Subsidiaries

Companies fully controlled by another company, the parent company, because the parent company owns 100% of the subsidiary's shares.

Research and Development

A systematic activity combining both basic and applied research, and aimed at discovering solutions to problems or creating new goods and knowledge.

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