If, According to Jeremy Bentham, Only the Total Quantity of Happiness

question 31

Multiple Choice

If, according to Jeremy Bentham, only the total quantity of happiness produced by an action matters, then the person closest to the moral ideal would be

• A) the self-denying monk.
• B) the glutton.
• C) the academic scholar.
• D) a disciplined soldier.

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Definitions:

Bond Discount

The difference when a bond is sold for less than its face value or par value.

Interest Expense

The cost incurred by an entity for borrowed funds, including the expense on bonds, loans, convertible debt, and lines of credit.

Interest Expense

The cost incurred by an entity for borrowed funds, represented as the interest payments due to lenders.

Amortized

The process of gradually reducing the cost (or value) of an intangible asset through systematic charges to expense over its useful life.