Consider the following statements:
1. It upholds equality of all people who are endowed with equal capability to rule
2. It banks on the wisdom of the masses and treats their representatives only as their agents or messengers
3. It reposes faith in elitism and regard politicians as the best custodians of public interest
4. It holds that instead of using their own judgement, representatives must translate the judgement of their constituents into concrete policy proposals
Which of the above statements form the best description of the liberal theory of representation? Select the correct answer from below: