John Rawls and Robert Nozick present opposing views on the morality of taxation. Think about the relevance of these views to the use of tax loopholes and other forms of tax avoidance that corporations sometimes engage in. How would Rawls and Nozick morally assess these practices? Explain their views in the course of answering this question. Then critically evaluate their views. Who is right about tax avoidance, and why (one, the other, or both of them)? Give reasons to support your answer and consider what someone who disagreed with you would say in response to them, and respond to these possible responses.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan