A Lien

question 12

Multiple Choice

A lien

• A) usually occurs as a result of the Bank Act.
• B) is necessary only if the debtor has re- acquired possession of the relevant property.
• C) generally lies outside of the scope of provincial personal property security legislation.
• D) almost always arises at common law, rather than under statute.
• E) cannot be enforced unless the debtor previously agreed to that possibility.

Understand the relationship between legal acts and morality.

Define ethics and distinguish it from legal standards.

Appreciate the concepts of rule utilitarianism versus act utilitarianism.

Explore the concept of ethical accountability for artificial entities such as corporations.

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Definitions:

Biological Preference

An innate tendency to prefer certain stimuli or environments over others, often observed in humans and animals.

Prosocial Behaviors

Actions intended to benefit others, such as helping, sharing, donating, and volunteering, indicative of empathy and social responsibility.

Cognitively Prepared

The innate potential in human beings to learn certain skills or acquire specific knowledge, suggesting readiness for cognitive development.

Maturational Processes

Natural growth and development sequences that occur in the human life cycle, influenced by genetic factors.