The ________ to Resolving Ethical Dilemmas Involves Choosing the Option

question 36

Multiple Choice

The ________ to resolving ethical dilemmas involves choosing the option that delivers the most good for the most people (or protects the most people from a negative outcome) .

• A) justice approach
• B) utilitarian approach
• C) individual rights approach
• D) individual responsibilities approach
• E) common good approach

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Definitions:

Limited Partners

Investors in a partnership who are not involved in the day-to-day management of the business and whose liability is limited to the amount they have invested.

Insanity

When a person cannot understand the nature or consequences of his acts.

Court Order

A formal declaration made by a court that mandates or forbids certain actions by one or more parties.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of money or property.