The Ethical Framework Derived from Utilitarianism and Rights Theories Indicates

question 56

Multiple Choice

The ethical framework derived from utilitarianism and rights theories indicates all of the following steps except

• A)identification of the legal issues.
• B)determination of affected parties and their rights.
• C)determination of the most important rights.
• D)development of alternative courses of action.

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Definitions:

Condition Precedent

A condition or event that must occur before a contract or a specific provision within a contract becomes effective or enforceable.

Illusory Promise

A statement or promise that is misleading or lacks the necessary intent to be legally enforceable.

Statutes Of Limitations

Laws that set the maximum time after an event within which legal proceedings may be initiated.

Law Of Repudiation

The legal doctrine concerning the refusal of a party to honor a contract, which can result in the contract being voided and possible damages awarded for breach of contract.