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What Is an Important and Widely Discussed Theory of Ethical

question 59

Multiple Choice

What is an important and widely discussed theory of ethical action and establishes that what makes an act morally right or wrong is its consequences and nothing more?


Definitions:

Legal Entity

An organization that has legal rights and obligations, including the ability to enter into contracts and sue or be sued.

Entrepreneurs

Individuals who create, organize, and operate a business or businesses, taking on greater than normal financial risks in order to do so.

C Corporation

A type of corporate structure where shareholders are taxed separately from the corporation, characterized by potential double taxation on earnings and dividends.

LLC

Limited Liability Company, a business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities.

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