A Well-Known Consequential Theory Which Suggests That Right and Wrong

question 31

Multiple Choice

A well-known consequential theory which suggests that right and wrong is determined by the consequence of the action and that we should maximize the most good for the greatest number of people is:

• A)cultural relativism
• B)universal moralism
• C)utilitarianism
• D)rule-based theory

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Definitions:

Mutually Exclusive

Situations or events that cannot occur at the same time or cannot both be true or exist simultaneously.

Cross

In finance, often refers to a currency pair trade in foreign exchange that does not involve the US dollar.

Modified Internal Rate

An adjusted version of the internal rate of return (IRR) calculation that takes into account changes in the cost of capital or cash flow pattern.

Reinvestment Problem

The challenge of effectively reinvesting earnings or capital gains to achieve additional growth or income.