Which of the Following Best Describes Utilitarianism

question 117

Multiple Choice

Which of the following best describes Utilitarianism?

• A) Actions are right or wrong based upon whether they produce happiness or unhappiness
• B) Actions are right or wrong based upon their usefulness
• C) Actions are right or wrong based upon our intuitions regarding them
• D) None of the above

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Definitions:

Detachable Warrant

A financial instrument that grants the holder the right to purchase a company’s stock at a specified price, which can be detached and sold separately from the bond or preferred stock to which it was originally attached.

Traded Separately

Refers to the practice of trading components of a financial product independently, such as the detachable coupons from bonds being sold separately from the principal.

Common Shares

Equity securities that represent ownership in a company, giving holders voting rights and a share in the company's profits via dividends.

Conversion Value

The value of a convertible security if it is converted into a different asset, usually common stock, at its current price.