How Would Most Utilitarians Characterize the Principle of Utility

question 2

Multiple Choice

How would most utilitarians characterize the principle of utility?

• A) It is a standard of rightness.
• B) It is a decision procedure.
• C) It describes the single appropriate motivation when making choices.
• D) All of the above

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Definitions:

Bonds Payable

A long-term debt instrument issued by corporations or governments that promises to pay the holder a specified sum of money at a future date plus periodic interest payments.

Lease Liability

An obligation representing the present value of future lease payments that a lessee is committed to pay over the lease term.

Mortgage Notes Payable

A legal document indicating the amount of a mortgage loan and the terms under which it is to be repaid.

Contractual Interest Rate

The agreed-upon interest rate specified in a loan or bond contract, which the borrower must pay to the lender.