Ethical Relativism Holds That When Any Two Individuals or Cultures

question 7

True/False

Ethical relativism holds that when any two individuals or cultures differ regarding the morality of a particular issue or action,they are both correct because morality is relative.

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Definitions:

Serious Cash Shortage

A financial situation where an entity lacks sufficient funds to cover its immediate or short-term obligations, leading to potential liquidity issues.

Venture

An undertaking that is typically risky but offers the potential for significant rewards, often associated with new businesses or startups.

Capital

Wealth in the form of money or other assets owned by a person or organization or available for purposes such as starting a company or investing.

Equity Investment

involves purchasing shares of a company, thus obtaining ownership interest in that company.