Leave blank Essay Example | Topics and Well Written Essays - 750 words

Leave blank - Essay ExampleHowever, under act utilitarianism, if for instance such a person were known to be a political leader Pot, and Idi Amin or a Hitler, then killing him would be justified in order to spare the many more they would have killed.The declining marginal utility of specie refers to the change in total satisfaction derived from the purchase of one additional or incremental unit of a specific good or service, entirely else being equal (businessdictionary.com, 2010). In other words, as a person has more and more of one occasion, his satisfaction with each additional unit of the thing becomes less and less. For instance, a beggar with nothing at all leave behind be immensely joyful at receiving a dollar. A student will frown at the dollar, but will be happy with a atomic number 6 dollars. The office worker may be disappointed with a hundred dollar raise, but will welcome ten thousand dollars added to his annual income. Finally, a millionaire will think nothing of ten thousand dollars he require to acquire ten million dollars to feel the same satisfaction that the beggar felt with one dollar.(b) A principle of justice in transfer A person who acquires a holding in accordance with the principle of justice in transfer, from someone else entitled to the holding, is entitled to the holding.(c) A principle of rectification of damage - No one is entitled to a holding except by (repeated) applications of 1 and 2. Otherwise, holdings that are unjustly acquired or transferred, should be returns, victims duly compensated, past transgressions or injustices done by a government rectified, and so on.An example of the first principle is that a person may legally acquire an asset, such as a car, by purchasing it at good value. If the sale, however, is done under duress and for a price way below its true value so as not to be justified, then the right of ownership does not transfer, as in the case of a man who forces