Singer Admits That the Disappearance of Modern Consumer Society, with All

question 6

True/False

Singer admits that the disappearance of modern consumer society, with all of its comforts and conveniences, would be a morally bad consequence that moral theorizing must contend with.

---

Definitions:

After Tax Profit

The net income a company earns after all taxes have been deducted from total revenue.

Miscellaneous Liabilities

A balance sheet item for obligations that do not fit into the standard categories of liabilities, often including various minor or irregular commitments.

Proportionately Adjusted Balance Sheet

A balance sheet method that adjusts the assets, liabilities, and equity based on a company's percentage ownership in other entities.

Contractual Agreement

A contractual agreement is a legally binding contract between two or more parties, outlining the terms and conditions of an arrangement.