Bentham Holds That Most Embrace the Principle of Utility

question 22

Multiple Choice

Bentham holds that most embrace the principle of utility . . .

• A) Naturally.
• B) After reasoning.
• C) After experiencing enough pain or pleasure.
• D) After realizing that others feel pain or pleasure like they do.

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Definitions:

Incremental Cash Flows

The additional cash flow a company receives from taking on a new project, excluding any cash flows not directly attributable to the project.

Cash Expense

Expenses that require immediate outlay of cash during an accounting period.

Depreciation

The reduction in the value of an asset over time, usually due to wear and tear or obsolescence.

Net Working Capital

The difference between a company's current assets and current liabilities, indicative of its short-term financial health and operational efficiency.