Robbie's Robots Decided to Continue Operations at One Plant While

question 66

Multiple Choice

Robbie's Robots decided to continue operations at one plant while shutting down another. The decision was justified on the basis of what was best for the total corporation. This is an example of the:

• A) utilitarian approach.
• B) individualism approach.
• C) moral-justice approach.
• D) justice approach.
• E) illegal approach.

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Definitions:

Face Value

The nominal value printed on a financial instrument like a bond or stock certificate, differing from its market value.

Strip Bond

A bond where both the principal and regular coupon payments have been separated and are sold individually as zero-coupon bonds.

Compounded Semiannually

Refers to the process where interest on a deposit or loan is calculated and added to the account balance twice a year.

Maturity Date

The date on which the principal amount of a loan, bond, or other financial instrument is due to be paid in full.