Some of the Most Important Ethical Guidelines Involve ____ and ____

question 47

Multiple Choice

Some of the most important ethical guidelines involve ____ and ____.

• A) information; confidence
• B) informed consent; confidentiality
• C) information storage; confidentiality
• D) informed consent; confidence in treatment methods

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Definitions:

Bid

An offer made by an individual or company to buy a good, service, or asset at a specified price.

Ask

The lowest price a seller is willing to accept for an asset in financial markets.

Profit

is the financial gain realized when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Bid-ask Margin

The difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask), indicative of market liquidity.