Utilitarian Philosophers Are Divided into Two Types: Act Utilitarian and

question 56

Multiple Choice

Utilitarian philosophers are divided into two types: act utilitarian and

• A) Rule utilitarian
• B) Individual utilitarian
• C) Ethical utilitarian
• D) Benefit utilitarian

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Definitions:

Trade Payables

Amounts owed by a company to its suppliers or vendors for goods and services received but not yet paid for.

Revolving Credit Agreement

A credit arrangement that allows a borrower to withdraw, repay, and re-borrow funds up to a specified limit over a set period.

Agreed Limit

An agreed limit refers to a predetermined maximum amount that an insurance company agrees to pay out for a specific claim or coverage.

Policy Decisions

Decisions made by an organization's leadership or governing body that set its policies, determining strategic direction and actions.