A Student Is Caught Cheating on an Exam Resulting in the Consequence

question 20

Multiple Choice

A student is caught cheating on an exam resulting in the consequence of failing both the exam and the course. Classmates believe the student had this "punishment coming." Which of the following concepts does this support?

• A) classical theory
• B) just deserts
• C) general deterrence
• D) demonological theory

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Definitions:

Contribution Margin

The amount by which a product's sales price exceeds its variable costs, used to cover fixed costs and to generate profit.

Break-Even Point

The point at which total costs and total revenue are equal, resulting in no net loss or gain for a business.

Net Loss

A financial situation that occurs when a company's total expenses exceed its revenues, indicating a negative profit.

Variable Costs

Costs that change in proportion to the level of activity or volume, such as raw materials and direct labor.