Which of the following statements is true of the social contract theory?
A) It lays minimal emphasis on individual rights and self-worth.
B) It is based on duty.
C) It has its origins in formalism.
D) It has given rise to utilitarianism.
E) It is based on agreements between people.

Question

Quizplus · Accepted Answer

Because of its emphasis on individual rights and self-worth, social contract theory has its origin in formalism. It provides a powerful process for ethical business decision making. Social contract theory is especially valuable in international business.

Which of the Following Statements Is True of the Social