Examlex
Which one of the following is correct if an underwriter is selling stock to the public at $40 per share, the underwriter receives a $3 per share spread, 2 million shares are sold, and the issuing firm receives $111 million from the underwriter?
End Justifies
A philosophical principle suggesting the morality of an action can be determined by its outcome or intended result.
Means
Methods or ways employed to achieve a certain end or goal.
Rule Utilitarianism
A form of utilitarianism that suggests the best action is one that conforms to a rule that leads to the greatest good.
Greatest Good
A principle often associated with utilitarianism, focusing on actions that produce the highest level of happiness or benefit for the greatest number of people.
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