Answer:
Ethical formalism is a way of describing moral judgement based on logical concepts as opposed to their content.
Explanation:
Ethical formalism is a way of describing moral judgement based on logical concepts as opposed to their content. Logic generally includes laws and universal authorization while content defines what will improve the human well-being.
Formalism has the following characteristics;
1. Formalism as a system of ethics is insist that if something is wrong or right, it is absolute and doesn't depend on the conditions. Even though conditions might vary. That is why formalism can at times be defined as an absolutist system since it doesn't consider the changing conditions with each condition.
2. Ethical formalism has a relationship with formal ethics in that they are identical but differ in the sense that formal ethics is incomplete by intention. An example is that while some universal laws that is a function of ethical formalism are universally accepted even by the system of formal ethics, the formal ethics still view these features as necessary but inadequate.
Tangible assets are first recorded at costs to acquire them for use.
- Tangible assets are fixed assets which is referred to as the physical assets which a company/Buisness owns to carry out its daily activities in order to create profit .
- They include<em> investments, cash, inventory, vehicles, office equipment, buildings,machines, </em>etc
Tangible assets are very important to businesses as they
- Help in business operations to provide goods and services
- Serve as collateral for loans
- In case of emergency, they can generate cash
Tangible assets are first recorded in the balance sheet as costs to acquire them for use.
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Answer:
The correct answer is: An example of businesses taking advantage of inconsistencies in consumer decision-making is credit card companies not allowing stores to charge a fee to consumers if they pay with a credit card but allowing stores to provide a discount to consumers if they pay in cash
Explanation:
The purchase decision process is the decision-making process used by consumers regarding market transactions before, during and after the purchase of a good or service. It can be seen as a particular form of a cost-benefit analysis in the presence of multiple alternatives.