Final answer:
Certain principles - concerning what is fair, what is right, what is ethical, or what has been done in the past should be done in the future - may be deeply held by the parties and serve as the dominant guide to their actions. This statement is true.
Step-by-step explanation:
The statement, 'Certain principles - concerning what is fair, what is right, what is ethical, or what has been done in the past should be done in the future - may be deeply held by the parties and serve as the dominant guide to their actions' is true.
Ethical principles are the foundational beliefs that guide a person's actions and behavior. These principles can vary from person to person or culture to culture, but they often include concepts such as fairness, honesty, and justice. These principles are deeply held and influential in shaping our actions.