Utilitarianism Is Classified as a Consequentialist Ethical Theory

question 18

True/False

Utilitarianism is classified as a consequentialist ethical theory.

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Definitions:

Silver Futures

Contracts for the future delivery of silver at a price agreed upon today, used for hedging and speculative trading.

Contract

A legally binding agreement between two or more parties that defines and governs the rights and duties of the parties to the agreement.

S&P 500 Index

An American stock market index based on the market capitalizations of 500 large companies listed on stock exchanges in the United States.

Futures Contract

A formal contract that obligates a purchase or sale of an item at an agreed price on a future date.