Which of the following is true of moral relativists?
a. They believe that laws should be followed under all circumstances.
b. Their ethical beliefs center on the time, place, and the pressure of a dilemma.
c. Their decisions are typically based on the predictions they make about the consequences of actions.
d. They believe in absolute rules and apply them to all ethical dilemmas.
ANSWER: b
Moral relativism is a belief in time-and-place ethics, that is, that ethical truths depend on the individuals and groups holding them. Moral relativists do not believe in absolute rules. Their beliefs center on the pressure of the moment and whether the pressure justifies the action taken.
You might also like to view...
An excellent check on the clarity of the report is ________
A) limit the report to no more than 100 pages B) limiting the report to 50 pages C) having 2 people write the report D) putting it on the web for unsolicited comments E) having 2 or 3 people who are unfamiliar with the report read the report and give comments
Nico Trading Corporation is considering issuing long-term debt. The debt would have a 30-year maturity and a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value
In addition, the firm would have to pay flotation costs of 5 percent of face value. The firm's tax rate is 35 percent. Given this information, the after-tax cost of debt for Nico Trading would be ________. A) 7.26% B) 11.17% C) 10.00% D) 9.00%