An Ethical Theory Based on Traits Such as Integrity, Trust

question 109

Multiple Choice

An ethical theory based on traits such as integrity, trust, respect, empathy, and truthfulness is

• A) duty-based ethics.
• B) utilitarianism.
• C) virtue-based ethics.
• D) rights-based ethics.
• E) interpersonal ethics.

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Definitions:

Consumer Protection

Laws and regulations designed to ensure the rights of consumers are protected against unfair practices by businesses.

Income Distribution

The way in which a nation’s total GDP is distributed amongst its population, affecting economic inequality.

Purchasing Power

The ability of consumers or businesses to buy goods and services, often influenced by income levels, inflation, and economic conditions.

Indirect Competition

A process in which products provide alternative solutions to the same market.