The Philosopher Tom Regan

question 40

Multiple Choice

The philosopher Tom Regan

• A) claims that no one could approve of the treatment of animals in factory farms if they knew what was going on.
• B) argues against the use of governmental regulations to control the actions of businesses.
• C) believes that the FTC should be abolished.
• D) denies that non-human animals have any moral rights.

---

Definitions:

Fair Value

The estimated market price of an asset or liability, reflecting what a willing buyer would pay to a willing seller in an arm's length transaction.

Tax Rate

The proportion of income that is taken as tax from a person or business.

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its net assets, representing future economic benefits.

Deferred Income Tax Liability

A financial accounting term representing taxes that are owed but not yet paid, resulting from temporary differences between the IRS and accounting methods.