Problem:
1. The ethical theory that underlies cost-benefit analysis is:
A. deontology.
B. utilitarianism.
C. libertarianism.
D. ethical relativism.
2. Adam Smith, in The Wealth of Nations, said the capitalistic system was composed of six institutions, which include all but which of the following?
A. Economic motivation.
B. Limited government.
C. Free enterprise.
D. Labor.
Additional Information:
These multiple choice questions is from Law. The first question is about ethical theory underlying cost-benefit analysis and second question is about the Adam Smith's views upon capitalistic system.
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