Final answer:
A principal is the original sum of debt or the head of a school, while a principle is a fundamental truth or rule that guides behavior. The correct statement is that a principal is a fundamental concept accepted as truth, but the accurate term in this context should be 'principle.' Principles are used in a variety of contexts, such as ethical behavior, art composition, and scientific understanding.
Step-by-step explanation:
The correct statement among the options provided is that a principal is a fundamental concept that is accepted as truth. The word principal can also refer to the original amount of debt on which interest is calculated. However, in the context of fundamental truths or concepts, the term more accurately aligns with the definition of a principle.
A principle is a fundamental truth, rule, or belief that serves as the foundation for a system of belief or behavior or for a chain of reasoning. Principles guide our actions and inform our decisions in various fields such as ethics, art, and science. For example, the ethical principle of not treating people merely as a means to an end guides moral conduct, whereas the principle of 'bright things come forward' can guide the arrangement of visual elements in art.
The term principle is often confused with 'principal,' which has an entirely different meaning. A principal, in a financial context, refers to the original sum of money lent or invested, before interest. In education or organizational settings, a principal can also mean the head of a school or organization.