According to your textbook what are two possible consequences of technical responsibility?
a. Moral transparency and ethical responsibility of action
b. Ethical transparency and moral determinacy of action
c. Utter transparency and moral indeterminacy of action
d. None of the above
c. Utter transparency and moral indeterminacy of action
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A retailer can buy a calculator for $2.50 and wants to obtain a 50 percent markup at retail. The retailer should charge a $3.75 retail price
Indicate whether the statement is true or false
If a firm is projected to increases revenues by 10% AND net income by the same amount, which of the following must be TRUE?
A) There can be no variable costs. B) There can be no fixed costs C) There can be no taxes. D) The change in expenses must be exactly equal to the change in revenues.
Every ________ can be considered to have a corresponding flow of foreign money associated with it, and this flow of foreign money is recorded as a ________
A) credit transaction B) current account transaction C) debit transaction D) capital account transaction
Which of the following is not covered by renter's insurance?
A) Medical expenses for injuries to visitors B) Replacement of personal items such as clothing C) Fire damage to the building's roof D) Cost of legal action due to personal liability claims