Tripp Is Using Which Ethical System for His Decision Making

question 62

Multiple Choice

Tripp is using which ethical system for his decision making?

• A) Universalism.
• B) Egoism.
• C) Utilitarianism.
• D) Relativism.
• E) Virtue ethics.

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Definitions:

Balance Sheet

A financial statement that shows the assets, liabilities, and owner’s equity of an entity at a specific point in time, reflecting the financial position.

Total Liabilities

The sum of all financial obligations or debts a company owes to external parties.

Capital

Financial resources or assets owned by a business, used to fund its operations and growth.

Meta-contrast Principle

A social psychology concept suggesting that individuals define in-groups and out-groups based on the most distinct features that differentiate them from each other.