Ethical Egoism Is

question 4

Multiple Choice

Ethical egoism is

• A) not based on reason or logic.
• B) based on determining long-term beneficial consequences.
• C) the divine command theory by another name.
• D) Kantianism by another name.
• E) utilitarianism by another name.

---

Definitions:

Present Value

The current price of a future monetary sum or a succession of cash flows, taking into account a certain rate of interest.

Cash Flows

The comprehensive flow of funds in and out of a corporation, significantly shaping its ability to pay off short-term debts.

Interest Rate

The outlay, displayed as a percentage of the principal, that a borrower pays to a lender for the privilege of using their assets.

Years

A unit of time representing a period of 365 or 366 days, used as a measure of time for financial calculations and forecasts.