The Group Sets Aside Its Own Rules and Decides to Base

question 22

Multiple Choice

The group sets aside its own rules and decides to base reward allocations on length of membership rather than merit.The group thus violated ___ principles.

• A)distributive justice
• B)procedural justice
• C)voice judgment
• D)decision rule schema
• E)oligarchy

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Definitions:

Interest Rates

The percentage charged on the total amount borrowed or paid on investment, typically expressed annually.

Notes

Financial statements’ supplementary information, detailing the specific accounting policies, methodologies, and any additional information required for a full understanding of the financial position and performance.

Loans

Money lent to individuals, businesses, or other entities with the expectation of repayment with interest.

Equal Instalment Loans

Loans that are paid back in equal periodic payments, typically including both principal and interest components.