Identify a true statement about the Integrative Social Contracts Theory $($ISCT$)$ of business ethics.

It is able to provide precise guidance for managers and employers under all possible conditions.

It tries to navigate a moral position that does not compel decision makers to engage exclusively in relativism versus absolutism$.$

It prohibits substantial latitude for nations and economic communities to develop their unique concepts of fairness.

It fails to offer an approach to helping reconcile a fundamental contradiction in international business ethics.