Mark Comes from a Very Poor Family Yet He Works

question 64

Multiple Choice

Mark comes from a very poor family yet he works hard and scores high in his school exams.However he fails to get a job since the school he studied in did not equip him with the adequate knowledge to find a job.Mark thus starves since he does not earn for his livelihood.Finally he gets depressed and steals food from some people who buy delicious food from a local restaurant.What ethical theory has Mark displayed in this case.

• A) Act utilitarianism
• B) Rule utilitarianism
• C) Casuist
• D) Moral relativism

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Definitions:

Certificates of Deposit

These are time-bound savings certificates offered by banks with a fixed maturity date and specified fixed interest rate.

Balance Sheet

A financial statement that presents a company's assets, liabilities, and equity at a specific point in time.

Cash and Cash Equivalents

Liquid assets that can be quickly turned into exact amounts of cash with very little chance of value variation over the short term.

Treasury Bonds

Long-term government securities issued with a fixed interest rate and maturity date, typically used to finance national debt.