Which of the Following Statements Best Summarizes "Contract Theory" as Spelled

question 70

Multiple Choice

Which of the following statements best summarizes "contract theory" as spelled out by philosopher Thomas Hobbes?

• A)The government should be required to return to citizens any excess taxation revenue that is collected in a given year.
• B)Each citizen should be required to serve in the military for at least two years starting at the age of 18.
• C)The people of a country voluntarily give up some freedom in exchange for an ordered society.
• D)Every business should be managed by the government in order to ensure an equitable distribution of wealth.

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Definitions:

Private Spaceports

Facilities owned by non-governmental entities used for launching spacecrafts privately.

Absolute Liability

Absolute liability refers to a legal responsibility for damages or injury, even in the absence of fault or negligence.

Personal Injury

Harm to a person's body, emotions, or reputation, as opposed to damage to property, often the basis of legal claims.

Property Damage

entails harm or destruction to physical assets, including real estate and personal property, which can result in loss of value or function.