Law and Ethics Differ in That

question 1

Multiple Choice

Law and ethics differ in that

• A) laws dictate minimum standards of behavior that society will tolerate, whereas ethics represent the ideal standards expected by the profession.
• B) ethics dictate minimum standards of behavior that society will tolerate, whereas laws represent the ideal standards expected by the profession.
• C) ethics and laws have the same standards.
• D) laws require that counselors always follow the profession's ethical standards.
• E) ethics and laws are often in conflict because they are so different from one another.

Develop resilience and adaptive skills through navigating challenges in living situations.

Understand the implications of involvement in romantic relationships within academic and work environments.

Learn to manage academic responsibilities in the context of personal challenges, including family and work commitments.

Appreciate the value of diversity in social and working environments.

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Definitions:

Credit Analysis

The process of evaluating an individual's or entity's ability to repay a loan or meet financial obligations.

Default

The failure to meet the legal obligations or conditions of a loan or other financial agreement, such as not making scheduled payments.

Credit Customer

An individual or entity that purchases goods or services on credit, with an agreement to pay at a later date.

Discount Rate

The interest rate used to discount future cash flows to their present value, often used in the calculation of net present value.