What does the term "rule of law" signify?

The term "rule of law" signifies the principle that all individuals, including government officials, are subject to and accountable under the law. This concept ensures that laws are applied equally and fairly, promoting justice and preventing discrimination. It establishes that no one is above the law, creating a framework for a society where the legal system is transparent and predictable. By adhering to this principle, it helps to maintain order and protect the rights and liberties of individuals.

In contrast, the other choices do not accurately represent this foundational legal principle. Some imply a disregard for the law by leaders or suggest that laws only apply to ordinary citizens, neither of which aligns with the concept of equality before the law. The notion of absolute power for those in authority contradicts the essence of the rule of law, which is fundamentally about constraining power and ensuring accountability.