What Is the Natural Law Theory of Ethics

question 39

Multiple Choice

What is the natural law theory of ethics?

• A) The view that morality consists in obeying laws that cannot reasonably be rejected because they arise from human nature.
• B) The view that morality consists in following our natural impulses, which are seen as coming directly from God.
• C) The view that morality consists in a set of laws that can be discovered either through divine revelation or through careful study of the natural world.
• D) The view that morality consists in promoting things that are good for humans, which can be identified through consideration of human nature.

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Definitions:

Futures Contract

A standardized legal agreement to buy or sell a specific commodity or asset at a predetermined price at a specified time in the future.

Interest Rate Collar

A financial derivative strategy used to limit the range of possible interest rates movements by buying and selling interest rate options.

Variable Rate Loan

A loan where the interest rate can fluctuate over time based on changes in an underlying benchmark interest rate or index.

Discount Rate

The interest rate used to determine the present value of future cash flows.