Which of the Following Statements Is True of the Utilitarian

question 22

Multiple Choice

Which of the following statements is true of the utilitarian approach to business ethics?

• A)It holds that an action is judged desirable if it leads to the maximization of stockholders' wealth.
• B)The best decisions,from a utilitarian perspective,are those that produce the greatest profits for businesses.
• C)It recognizes that a business should pursue only those actions where the social benefits outweigh the costs.
• D)It asserts that managers should not follow ethical norms if they see that others firms are also not following them.
• E)It fails to consider the idea that actions have multiple consequences.

Grasp the global and jurisdiction-specific regulations affecting the dissolution of partnerships.

Recognize the financial obligations and priority of claims in the event of a partnership’s dissolution.

Understand the concept and legal framework of partnership dissolution.

Identify the responsibilities and liabilities of partners during dissolution.

---

Definitions:

Childhood

The period in a person's life from birth to adolescence, characterized by growth, development, and learning.

Social Role

A set of expectations for behavior and actions that are deemed appropriate for individuals based on their status or position within society.

Life Expectancy

The average period that an individual is expected to live, based on statistical analysis of age-specific death rates.

Late Twentieth Century

A period ranging from the 1970s to the 1990s, characterized by significant technological, political, and cultural changes.