Singer Offers a Simple Principle: "If It Is in Our

question 119

True/False

Singer offers a simple principle: "if it is in our power to prevent something bad from happening, without thereby sacrificing anything of comparable moral importance, we ought, morally, to do it." Singer then goes on to say, "The uncontroversial appearance of the principle just stated is fatalistic. If it were acted upon, even in its qualified form, our lives, our society, and our world would be fundamentally changed."

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Definitions:

EAC

Equivalent Annual Cost, a method used to compare the cost effectiveness of different investments or projects with uneven lifespans.

CCA Class

Refers to the Canada Revenue Agency's categorization of depreciable properties for the purpose of determining their depreciation rate for tax purposes.

Discount Rate

The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows, reflecting the time value of money and risk.

NPV

Net Present Value: a capital budgeting technique that assesses the profitability of a proposed investment or project.