______ Is Based on the Premise That Ethical Choices Should

question 20

Multiple Choice

______ is based on the premise that ethical choices should be based on their consequences.

• A) Altruism
• B) Utilitarianism
• C) Functionism
• D) Pragmatism

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Definitions:

Financial Assets

Assets that derive their value from contractual claims, such as stocks, bonds, bank deposits, and other investments.

Bonds

Debt securities issued by entities (governments or corporations) to raise capital, promising to pay back with interest at a specified date.

Stocks

Shares of ownership in a corporation, giving holders a claim on part of the company's assets and profits.

Portfolio Construction

The process of selecting a mix of assets to achieve specific investment goals, taking into account risk tolerance and investment horizon.