Barrie Has Decided to Evaluate a Decision He Has Made

question 189

Multiple Choice

Barrie has decided to evaluate a decision he has made on the basis of the ethical norm of caring. Which of the following questions does he need to ask?

• A) Does the decision optimize the satisfaction of all constituencies?
• B) Is the decision consistent with what we regard as fair?
• C) Does the decision respect the rights of the individuals involved?
• D) Is the decision consistent with people's responsibilities to each other?
• E) How much will the decision cost if it is wrong?

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Definitions:

Par Value Common Stock

The nominal or face value assigned to common stock shares in the corporate charter, which may differ significantly from the market value.

Paid-in Capital

The amount of money that a company receives from selling its shares directly to investors, not including the stock value on secondary markets.

Par Preferred Stock

A type of preferred stock with a nominal face value, which determines dividend payments and is prioritized over common stock in the event of liquidation.

Common Stock

A type of security that represents ownership in a corporation, giving holders voting rights and a share in the company’s profits through dividends.