An Ethical Persuasive Argument

question 89

Multiple Choice

An ethical persuasive argument

• A) focuses on how the audience's actions will benefit the sender.
• B) is a contradiction in terms.
• C) includes any evidence the sender can come up with, whether or not it's relevant.
• D) focuses on being both truthful and nondeceptive.

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Definitions:

Moral Hazard

The situation where one party takes on risk because they know that another party will bear the consequences.

Adverse Selection

A situation in insurance and markets where higher-risk individuals are more likely to select and use insurance or services, potentially leading to market inefficiencies.

Externalities

Economic side effects or consequences that affect uninvolved third parties; can be positive or negative.

Diminishing Utility

A principle in economics that as consumption of a good or service increases, the marginal utility derived from each additional unit decreases.