Which of the Following Statements Is True of Ethical Relativism

question 84

Multiple Choice

Which of the following statements is true of ethical relativism?

• A)The idea of relativism implies some degree of flexibility as opposed to strict black-and-white rules.
• B)The idea of relativism implies that the ends of any action justify the means.
• C)The problem with this approach is that individuals share similar standards in a community.
• D)The problem with this approach is that everyone is committed to doing the right thing without paying any attention to his or her actions.

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Definitions:

Par Value

The nominal or face value of a stock or bond, representing the value stated in the corporate charter or on the certificate.

Common Stock

An equity instrument indicating ownership in a company, which provides the holder with voting privileges and a share in the company's profits through dividends.

Stockholders' Equity

The portion of a company's capital that is owned by its shareholders, calculated as the company's total assets minus its total liabilities.

Cumulative

Describes something that increases or accumulates over time, often used in the context of investments or financial statements.