The Golden Rule is applied by judges when the literal interpretation of a statute's wording would result in an absurd or unjust outcome. This rule allows judges to modify the meaning of the words to avoid such results, ensuring the law is applied fairly and reasonably. In contrast, the Literal Rule involves taking the plain meaning of the words, the Purposive Approach looks at the broader purpose behind the legislation, and the Mischief Rule considers the problem the statute was intended to remedy. 

Key Point: The Golden Rule is a crucial tool in statutory interpretation, helping to balance strict adherence to legislative wording with the need to achieve just and reasonable legal outcomes.