Utilitarianism Is a Moral Philosophy That Holds That ________

question 14

Multiple Choice

Utilitarianism is a moral philosophy that holds that ________.

• A) the morally justified action has no bearing on aggregate well-being
• B) the rightness of an action is judged by an individual's willingness to perform that action
• C) human well-being is evaluated in terms of individuals' capabilities.
• D) moral good is judged in terms of consequences

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Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.

Expiration

The date on which a derivative contract such as an option or futures contract becomes void and the right to exercise it no longer exists.

Arbitrage Opportunity

A situation where a trader can profit from differences in price of the same asset in different markets without taking on any risk.

American Put Option

A type of put option that can be exercised at any time before its expiration, allowing the holder to sell the underlying asset at a specified price.