Which of the following most accurately defines teleological theory in ethics?

An action is chosen because it sacrifices the fewest high-priority values.

An action is judged as good or bad based on the consequence or outcome.

An action is judged as good or bad based on the act itself, regardless of the consequences.

Actions are chosen based on the moral virtues (e.g., honesty, courage, compassion, wisdom, gratitude, self-respect) or the character of the person making the decision.