Critics Claim That Utilitarianism Is Unjust Because It Is Committed

question 12

True/False

Critics claim that utilitarianism is unjust because it is committed to viewing a nonegalitarian state as morally superior to an egalitarian state, so long as the former contains more happiness overall.

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Definitions:

Cash Flow

The total amount of money being transferred into and out of a business, especially as affecting liquidity.

Callable Bonds

Bonds that can be redeemed by the issuer prior to their maturity date, usually at a premium above the face value.

Financing Activities

Transactions involving changes in equity and long-term liabilities on the balance sheet, reflective of how a company raises capital and repays its investors.

Amortization

Amortization is the process of gradually writing off the initial cost of an intangible asset over its useful life, reflecting its consumption or expiration.