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The Chapter Discussed Four Schools of Ethical Thought: (A) Ethical

Question 71

Short Answer

The chapter discussed four schools of ethical thought: (a) ethical egoism, (b) utilitarianism, (c) deontology and (d) virtues.Which school best describes each of the following independent items?
1.After being convicted of fraud, NRN Corporation's net assets were distributed to shareholders in proportion to their original investments.2.Ethical actions are a natural outgrowth of being a fundamentally ethical person.3.Everyone has an ethical obligation to pursue their own best interest.4.In a merger, the CEO of ATN Corporation inflated net income to get a better sales price for ATN.5.Jeff makes all ethics decisions based on the principles of his religion.6.People should never be used as a means to an end.7.Sally sees herself as an honest person; her actions are a result of that characteristic.8.The most ethical decision is the one that promotes the greatest good for the greatest number of stakeholders.

Correct Answer:

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1.B
2.D
3....

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