A Just Person, According to Plato, Is One

question 102

Multiple Choice

A just person, according to Plato, is one:

• A) who acts autonomously.
• B) who obeys the laws of the state.
• C) who knows his place in society.
• D) who never acts selfishly.
• E) in whom each part of the soul exercises its proper function.

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Definitions:

Net Sales

Net sales are the amount of revenue generated from sales activities after deducting returns, allowances for damaged or missing goods, and any discounts allowed.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and interest, from its total revenue.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure a company's bookkeeping system is mathematically correct.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, leading to net income or loss.