Which of Following Is Not Part of the Ethical Framework

question 26

Multiple Choice

Which of following is not part of the ethical framework derived from utilitarianism and rights theories?

• A) Identification of the legal issues.
• B) Determination of affected parties and their rights.
• C) Determination of the most important rights.
• D) Development of alternative courses of action.

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Definitions:

Public Good

A product or service that is available for all people to consume, without being depleted, regardless of who pays for it.

Public Good

Services or products are given freely to all members of society, supplied by either public institutions or private sectors, with no intention to profit.

Willingness To Pay

The maximum amount an individual is prepared to spend on a good or service, indicating the value they derive from the item.

Marginal Cost

The money required to produce another unit of a product or service.