Which of the Following Would Be Advocated by the "Administrative

question 22

Multiple Choice

Which of the following would be advocated by the "administrative" version of utilitarianism?

• A)Deregulation of advertising standards
• B)Reliance on free and competitive markets
• C)Risk-taking by consumers
• D)Government regulation of business

---

Definitions:

Credit Extension

The practice of providing borrowers additional time to pay off existing debts, often involving modified repayment terms or agreements.

Receivables Financing

A method of raising finance based on the sale or pledge of a company's accounts receivable to a third party at a discount.

Trade Credit

A form of credit extended by suppliers allowing customers to purchase goods or services and pay for them at a later date.

Payment Policy

Guidelines or procedures set by a company to manage how and when payments are made and received.