The Principal Examining Activity of the Federal Reserve System Is

question 36

Multiple Choice

The principal examining activity of the Federal Reserve System is directed to:

• A)all state-chartered banks
• B)state-chartered member banks
• C)all national banks
• D)all state-chartered and national banks

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Definitions:

Rule Utilitarianism

An ethical theory that suggests the rightness or wrongness of an action should be judged by the rules that are followed, and that these rules should be chosen based on the utility or happiness they produce.

Act Deontology

A form of deontological ethics focused on the inherent morality of individual actions, regardless of their outcomes.

Rule Deontology

A moral theory that suggests actions are morally right or wrong depending on whether they follow certain rules or duties.

Cognitive Moral Development

A theory proposed by Lawrence Kohlberg that aims to explain the process by which individuals develop their ability to make ethical decisions based on moral reasoning.