Under "Act Utilitarianism," _____

question 7

Multiple Choice

Under "act utilitarianism," _____.

• A) an ethical decision is one that minimizes utility for society as a whole
• B) each person has an equal right to basic rights and liberties
• C) the action is viewed as part of a rule or habit
• D) the decision maker considers each action separately

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Definitions:

Principal

A main party to a transaction, such as the owner of a business or the party who has authorized an agent to act on their behalf.

Interest

The cost of borrowing money, typically expressed as a percentage of the principal, paid by the borrower to the lender for the use of their money.

Nonnegotiable Instrument

A financial document or contract that cannot be transferred or assigned to another party as easily as a negotiable instrument.

Mortgage

A secured loan agreement where the borrower pledges real property to the lender as collateral for the loan, which becomes void upon payment in full.