Normative Ethics Involves

question 7

Multiple Choice

Normative ethics involves:

• A)establishing moral standards that regulate right and wrong conduct.
• B)investigating where our ethical principles come from, and what they mean.
• C)examining specific controversial issues, such as animal rights and environmental concerns.
• D)making a comparative analysis of cross-cultural moral standards.
• E)establishing the supremacy of moral standards of the Western school of thought.

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Definitions:

Anticipatory Repudiation

Occurs when one party to a contract communicates their intention not to fulfill their obligations under the contract before they are due.

Compensatory Damages

Money awarded to a plaintiff to reimburse for loss, injury, or harm suffered as a result of another's breach of duty or negligence.

Liquidated Damages

A clause in a contract that determines a fixed amount of compensation owed if one party fails to fulfill the contract's terms.

Anticipatory Repudiation

A breach of contract occurring when one party unilaterally declares they will not fulfill their contractual obligations before they are due to perform.