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An Ethical Theory That Urges Managers to Take Those Actions

question 21

Multiple Choice

An ethical theory that urges managers to take those actions that provide the greatest pleasure after having subtracted the pain or harm associated with the action in question is called ________.


Definitions:

Mistake

An error or misunderstanding in the terms or conditions of a contract that can lead to its revocation or modification if all parties agree or if a court intervenes.

Mortgage

A legal agreement where property is used as security for a loan, with the condition that the conveyance of title becomes void upon repayment of the loan.

Consideration

Something of value which is given by each party to a contract that induces them to enter into the agreement to exchange mutual performances.

HTC Smartphone

A line of smartphones produced by HTC Corporation, known for its innovation in mobile technology and design.

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