Examlex
Russ Shafer-Landau is professor of philosophy at the University of Wisconsin-Madison. He is the author, editor, or coeditor of several books including The Fundamentals of Ethics, fourth edition (2017) and The Ethical Life, fourth edition (2017). He is also the editor of Oxford Studies in Metaethics. In this reading he reviews some common criticisms of utilitarianism and argues that although some of them are less than decisive, others pose serious problems for the theory. Utilitarianism's most crippling shortcomings are its insistence that there is no intrinsic wrongness (or rightness) and its requirement that we must maximize well-being even if justice is thwarted.
-In utilitarianism, the moral worth of an action depends on one's motives.
Particular Fund
A specific investment fund targeted toward certain assets or investment strategies.
Law of Negotiable Instruments
A branch of law that deals with the rights and duties of parties to documents like checks, bills of exchange, and promissory notes.
Assignable
Capable of being transferred or made over to someone else, typically referring to rights or property.
Holder in Due Course
A legal term referring to a person who has acquired a negotiable instrument in good faith for value and without notice of any defects in title.
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