How Does a Utilitarian Approach Moral Issues? Does Its Principle

question 25

Short Answer

How does a utilitarian approach moral issues? Does its principle work in all cases?

---

Definitions:

Credit Policy

A set of guidelines that a company follows to determine credit terms for customers, including payment terms, credit limits, and how to manage past-due accounts.

Short-Term Credit

A type of financing or line of credit that is designed to be repaid within a short period, typically less than one year, used for immediate cash flow needs.

Credit Terms

These are the payment conditions imposed by the seller on the buyer, including payment deadline, discount for early payment, and penalty for late payment.