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Consequentialism Is the Normative Theory According to Which the Rightness

question 48

True/False

Consequentialism is the normative theory according to which the rightness of an action depends ultimately on the effects of that action or of something related to that action, such as rules that permit the action.

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Definitions:

Corporate Default

A failure of a company to fulfill its financial obligations, such as missing a debt payment.

Lost Sales

Revenue that a company could have earned but didn't, due to stockouts, inadequate capacity, or other factors.

Debt/Equity Ratio

An indicator of how the financing of company assets is divided between shareholder equity and debt.

All-Equity Firm

A company that finances its operations without any debt, relying solely on shareholder equity for funding.

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