Many of Which of the Following Are Nonprofit, Tax-Exempt, Cooperative

question 94

Multiple Choice

Many of which of the following are nonprofit, tax-exempt, cooperative associations?

• A)S&Ls
• B)credit unions
• C)savings banks
• D)commercial banks

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Definitions:

Greatest Good

A principle often associated with utilitarian ethics, emphasizing the action that results in the most benefit or happiness for the greatest number of people.

Cost-benefit Analysis

A systematic approach to estimate the strengths and weaknesses of alternatives, used to determine the best option in terms of benefits outweighing costs.

Duty-based Ethics

An ethical theory that emphasizes duties or moral rules as the basis for judging the ethicality of actions.

Corporate Social Responsibility

A business approach that involves participating in initiatives that benefit society, including ethical, environmental, and philanthropic efforts.