Describe the difference between Individual Ethical Egoism and Universal Ethical Egoism.
A. Individual Ethical Egoism maintains that people should do what is in their owngeneral self-interest, while the Universal Ethical Egoism view is that peopleshould do what's in the general self-interest of one specific person.
B. Universal Ethical Egoism maintains that people should do what is in their owngeneral self-interest, while the Individual Ethical Egoism view is that peopleshould do what's in the general self-interest of one specific person.
C. Universal Ethical Egoism maintains that people should do what is best foreveryone in society as a whole, while the Individual Ethical Egoism view is
that people should do what's in the general self-interest of one specific
person.
D. Universal Ethical Egoism maintains that people should do what is best for
everyone in society as a whole, while the Individual Ethical Egoism view is
that people should do what's in the general self-interest of themselves.
Question 2
According to Edward Freeman and David Reed corporate managers are obligated only to the shareholders, and no one else, because they own the corporation.
a. True
b. False
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