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If Best Paints and Paint with Us are paint suppliers in tacit collusion and Best Paints launches a new advertising campaign that states that it will meet any competitor's price on comparable paint, Best Paints might be tacitly signaling to Paint with Us that they are willing to _________.
Ethical Dilemma
A situation where a person is forced to choose between two morally correct but contradictory actions, with no clear solution.
Act Utilitarianism
A philosophical theory that posits the morality of an action is determined by its contribution to overall happiness, with each situation judged individually.
Deontology
An ethical theory based on the belief that actions are morally required, permitted, or forbidden based on a set of rules.
Virtue Ethics
A philosophical approach that emphasizes the role of character and virtue in moral philosophy rather than either the consequences of actions or the rules governing them.
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