The Moral Principle Concerned with Avoiding the Causation of Harm

question 14

Multiple Choice

The moral principle concerned with avoiding the causation of harm is called:

• A) Justice
• B) Nonmaleficence
• C) Beneficence
• D) Avoidance

Calculate the required initial contributions to achieve a specific financial goal within a given time frame.

Assess the financial feasibility and cost of purchasing indexed annuities with varying compounding rates.

Calculate the rate of interest for a given investment scenario.

Understand the concept of present value and compute it for various contracts.

---

Definitions:

Income

Cash inflows that occur on a routine basis, originating from employment or investing.

Resources

Refers to the inputs used in the production of goods and services, including natural, human, and capital resources.

Lower-Income Individuals

Persons or families who earn significantly less than the average income for their community or country, often facing financial challenges.

Choices

The act of selecting among available options or actions in decision-making processes.