The Main Limitation of the Individual Rights Principle Is That

question 20

Multiple Choice

The main limitation of the individual rights principle is that:

• A) it really isn't an ethical principle at all.
• B) some individual rights conflict with other individual rights.
• C) it pays attention to whether consequences are ethical, but not to whether the means to those consequences are ethic.
• D) it is almost impossible to evaluate the benefits or costs of decisions when many stakeholders are affected.
• E) it can degenerate into unjust favoritism

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.

Revenue from Sales

Represents the income that a company generates from its business activities, typically from the sale of goods or services to customers.

Cost of Merchandise Sold

The direct costs tied to producing the goods that a company sells, thus a direct reflection of the cost of inventory sold.

Gross Profit

The difference between revenue and the cost of goods sold, excluding other operating expenses and taxes.