Which of the following is a characteristic of rule utilitarianism?
A) Actions can be judged good or bad based on rules and principles that are applied universally.
B) An act is ethically right if the performance of similar acts by all similar agents would produce the best results in society or has done so in the past.
C) An act is right or wrong on the basis of whether that individual act alone brings net happiness to society.
D) Actions are evaluated as good or bad depending on whether they contribute to improving inherent human capacities such as intelligence, wisdom, and self-restraint.
B
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Sue, a resident of the state of New York, was visiting her aunt in Iowa. While there, her car was hit by a drunken driver named Jerry, a resident of Iowa. Sue was injured in that accident. Which of the following actions can Sue take in this scenario?
A. Sue can sue Jerry and bring the case to Iowa state court, provided that the dollar amount of the controversy exceeds $75,000. B. Sue can file a case against Jerry in the New York state court, as she is a resident of that state. C. Sue can file a case against Jerry only in the Iowa state court, as this is a matter that involves state negligence law. D. Sue can sue Jerry and bring the case to Iowa federal court, as this is a case that involves diversity of citizenship.
The matching concept
A) addresses the relationship between the journal and the balance sheet B) determines whether the normal balance of an account is a debit or credit C) requires that the dollar amount of debits equal the dollar amount of credits on a trial balance D) determines that expenses related to revenue be reported at the same time the revenue is reported
According to the textbook, the structure of an organization has a significant influence over the behavior of its employees because
a. It can transfer leadership from management to staff b. It can define employees’ responsibilities by outlining their area of influence and accountability c. It can place strategy issues to a lesser importance than Human Resources Issues d. It can create a system of power and politics that controls the masses
A stock with a beta equal to -1.0 has zero systematic (or market) risk.
Answer the following statement true (T) or false (F)