In Which Level of Moral Development Is an Individual Who

question 85

Multiple Choice

In which level of moral development is an individual who judges morality actions by their direct consequences?

• A) pre-conventional morality
• B) conventional morality
• C) post-conventional morality
• D) universal morality

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Definitions:

Par Value

The nominal value of a bond or stock as declared by the issuer.

Issuance of Bond

The process by which a bond issuer offers bonds to investors to raise capital, typically with terms outlining repayment and interest.

Par Value

Par value is the nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuing company.

Premium on Bonds Payable

This is the amount by which the selling price of a bond exceeds its face value or principal amount, typically because the bond's interest rate is higher than the current market rate.