Which of the Following Statements Is True of a Utilitarian

question 19

Multiple Choice

Which of the following statements is true of a utilitarian?

• A)A utilitarian believes that arson is sometimes ethical and not always wrong.
• B)A utilitarian will always keep his promises to a friend and follows the law.
• C)A utilitarian is not necessarily concerned with the welfare of others.
• D)A utilitarian compares similar predicted solutions and uses a point system.

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Definitions:

Dividend-Related Liability

A financial obligation arising when a company declares dividends payable to shareholders, to be settled on the dividend payment date.

Stock Dividends Distributable

A portion of a company's earnings decided by the board of directors to be distributed to its shareholders in the form of additional shares.

Retained Earnings

The portion of net earnings not distributed as dividends to shareholders but retained by the company for reinvestment.

Noncumulative Preferred Shares

Type of preferred stock where dividends not paid in a particular year do not accumulate and must be forfeited.