Compare Distributive Justice and Procedural Justice in Equity Theory to the Three

question 34

Essay

Compare distributive justice and procedural justice in equity theory to the three principal relationships of expectancy theory. How are they commonly used or misused?

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Definitions:

Interest Payment

The amount paid by a borrower to a lender, typically at a set interval, for the use of borrowed money.

Accumulated Depreciation

The total amount of a tangible fixed asset's cost that has been allocated as depreciation expense since the asset was put into use.

Cash Fund

A cash fund is a reserve of liquid money that a business or individual keeps on hand for meeting short-term obligations or emergencies.

Depreciated

Depreciation is the process of allocating the cost of a tangible asset over its useful life, reflecting the asset's wear and tear, deterioration, or obsolescence.