Examlex

Solved

Of Which Kind of Reasoning , Act (A)or Rule (R)Utilitarianism

question 29

Short Answer

Of which kind of reasoning , Act (A)or Rule (R)Utilitarianism, are the following examples?
We ought to observe copyright rules because if we did not then no one's intellectual property would be safe and this would be a very bad outcome.


Definitions:

Physical Inventory

Physical inventory refers to the process of counting and verifying the physical stock of goods a company holds in its possession.

Net Income

The net income of a business following the deduction of all costs, such as operational expenses and taxes, from its overall revenue.

Ending Inventory

The total value of a company’s inventory at the end of an accounting period, calculated before the new fiscal period begins.

Accounts Payable

The amount of money a company owes to its creditors or suppliers for goods and services received but not yet paid for.

Related Questions