_______ Is a Theory More Focused on the Outcome of Your

question 21

Multiple Choice

_______ is a theory more focused on the outcome of your actions rather focusing on the apparent virtue of the actions themselves.

• A)Ethics for the greater good
• B)Normative ethics
• C)Ethical relativism
• D)Utilitarianism

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Definitions:

LIBOR

A benchmark rate that some of the world’s leading banks charge each other for short-term loans, serving as a global reference for financial products.

Foreign Currency

Currency of another country, used to conduct international transactions or investments.

Forward Market

A marketplace for the exchange of financial instruments or commodities for delivery in the future at prices agreed upon today.

Spot Market

A public financial market in which financial instruments or commodities are traded for immediate delivery.