Which Principle Is Contradicted by the Condemnation of Practices Engaged

question 44

Multiple Choice

Which principle is contradicted by the condemnation of practices engaged in by members of a culture rather than your own?

• A) cultural universalism
• B) cultural intolerance
• C) cultural non-absolutism
• D) cultural relativism

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Definitions:

Accounting Profit

The total revenue of a business minus explicit costs, representing the monetary gain recorded in financial statements.

Economic Profit

The gap between total income and all expenses, covering both explicit and hidden costs.

Mutual Fund

A type of investment vehicle that pools money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities.

Either-Or Decision

An either-or decision refers to a choice between two mutually exclusive options, where selecting one means forgoing the other.