MacIntyre Claims That a Practice (We All Engage in Many

question 57

Essay

MacIntyre claims that a practice (we all engage in many practices) involves standards of excellence and obedience and the achievement of goods related to the practice. Do you agree that practices, as he defines them, are important aspects of ethics? Restate MacIntyre's definition of a practice in your own words. Do you see the relationship of practices to virtue?

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Definitions:

Corporate Debts

Financial obligations or loans undertaken by corporations, which can include bonds, loans, and other forms of financial liabilities owed to creditors.

Golden Parachute Agreements

Contracts that provide executives with substantial benefits or compensation if they are terminated following a merger or takeover.

Public Policy

Principles and standards considered by the government in making decisions that affect the public.

Voidable Contracts

Agreements that may be legally rejected or enforced by one or more parties, often due to elements like misrepresentation or lack of capacity.