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Simply Using Professional Codes And/or Laws to Guide Practice Is

question 19

Multiple Choice

Simply using professional codes and/or laws to guide practice is ________ and does not provide a solid foundation to make ethical decisions that are founded on sound ethical reasoning.


Definitions:

Risk Averse

A description of an individual's or entity's preference to avoid risk, favoring certainty in investment or economic decisions.

Expected Utility

A concept in economics that calculates the utility expected from different outcomes, taking into account their probabilities.

Total Utility

The complete contentment derived from the consumption of a specific amount of a product or service.

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