What is meant by the rights ethic in ethical decision-making?
What will be an ideal response?
Answer: The rights ethic states that each person has protections and entitlements that others have a duty to respect.
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The spot price of the market index is $900. A 3-month forward contract on this index is priced at $930. The annual rate of interest on treasuries is 2.4% (0.2% per month)
What annualized rate of interest makes the net payoff zero? (Assume monthly compounding.) A) 4.8% B) 8.5% C) 11.2% D) 13.2%
Which of the following statements is not true regarding values?
A) They are partly determined by our genetically transmitted traits. B) They tend to be relatively stable and enduring. C) They have both content and intensity attributes. D) They carry an individual's ideas as to what is right, good, or desirable. E) There is no substantial variability in values across cultures.