The Principle of Utility Most Closely Parallels the Democratic Principle

question 87

Multiple Choice

The principle of utility most closely parallels the democratic principle of

• A) majority rule.
• B) justice for all.
• C) life, liberty, and the pursuit of happiness.
• D) one person, one vote.
• E) innocent until proven guilty.

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Definitions:

Foreclosure

A legal process by which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.

Debt

An amount of money borrowed by one party from another, under the condition that it is to be paid back at a later date, often with interest.

Principal Debtor

A principal debtor is an individual or entity primarily responsible for fulfilling the obligations of a debt or loan.

Surety

A person, such as a cosigner on a note, who agrees to be primarily responsible for the debt of another.