Ethical theories such as Mill's Utilitarianism, Kant's Duty-Based Ethics, Locke's Rights-Based Ethics, and Aristotle's virtue-Based Ethics are useful for solving ethical questions and directing professionals in resolving dilemmas, because when properly applied, they
As used in relation to liability policies, the term 'duty to Indemnify" refers to the
Amy, a professional member, works for a major Dank that has many aging ATMs nearing their end-of-life and in need of replacement. After evaluating several options. Amy recommends the most expensive option because It offers the best security. However, the bank's decision maker decides not to follow her recommendation and instead goes with the cheapest option, giving the reason that It IS the only option that fits their budget.
If. after discussing her security concerns, the bank still selects the cheapest option. Amy should
Which of the following terms is used most often to describe We duty that organizations have to their host communities?
Jane Smith, a licensed professional, is a consulting engineer working in a small town. Jane also sits on Town Council as are elected councillor, which she considers to be a part-time Job in order to help the community. For the last year, lane has been working with a developer who Is proposing a new asphalt mix for road resurfacing to help reduce the number of potholes on town roads. During a regular town council meeting where the developer's proposal was discussed, Jane publicly stated her involvement with the developer's project, did not participate in the debate, and abstained from voting. However, everyone knows that Jane is the only consulting engineer in town and has the most knowledge and expertise with this type of project.
Does Jane have a conflict of interest in this situation?
Two patties have discussed the feasibility of executing a highway project, and a study has proven that It will be profitable and beneficial to the public. A contract has been entered into between the two parties for execution of the work. A disagreement emerges at this point/ with no sign of resolution In sight. One party suggests arbitration as a way to resolve the Issue. However, the second party rejects t on the basis that arbitration is not addressed in the contract and therefore cannot be used as a resolution tool.
Which of the following statements explains whether the second party is correct?
A professional member monitors production at a food plant. While walking the plant at the end of a shift, the member sees a major hydraulic oil leak on the ground outside, near the only conveyor that brings raw product into the plant. There Is a scheduled maintenance outage the next day, and dealing with the Issue right now would hurt production goals, and thus affect the member's chance of bonuses.