Teleology (Consequentialism) Suggests That We Should

question 4

Multiple Choice

Teleology (consequentialism) suggests that we should:

• A) Act according to universal duties or categorical imperatives
• B) Consider various options and choose the option producing the greatest good
• C) Abide by agency policy
• D) Act in accordance with virtues such as care, honest, and respect for the dignity and worth of all people

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Definitions:

Financial Restructuring

The process of reorganizing a company's financial structure through various means, including changing the mix of debt and equity.

Capital Structure

The mixture of debt and equity that a company uses to finance its operations and growth.

Tax Shield

The reduction in income taxes that result from taking a deductible expense, such as mortgage interest, which reduces taxable income.

Financial Distress Costs

Expenses that a company faces when it is having difficulty meeting its financial obligations, which can include legal, restructuring, and operational costs.