Which Ethical Principle Tells You That It Is Wise to Assume

question 75

Multiple Choice

Which ethical principle tells you that it is wise to assume perfect information markets?

• A)the Golden Rule
• B)the New York Times test
• C)the Social Contract rule
• D)the Collective Utilitarian principle

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Definitions:

Marcia's Concept

Refers to James Marcia's theory of identity status, which classifies individuals' identity development into four statuses: identity diffusion, foreclosure, moratorium, and identity achievement.

Mean Age

The average age of the individuals in a given population or group, calculated by adding all ages together and dividing by the number of individuals.

First Marriage

The initial legally recognized union between two individuals as partners in a personal relationship.

Kübler-Ross's Stages

A model outlining five stages of grief: denial, anger, bargaining, depression, and acceptance, which individuals may experience in coping with loss.