Pick One of the Sixteen Questions from Chapter 1 and Interview

question 17

Essay

Pick one of the sixteen questions from Chapter 1 and interview two to four people (family, friends, acquaintances, fellow workers, etc.)about how they would answer the question. Try to be active in the interview process-for example, ask them questions like "What do you mean by that?" "Why do you believe that?"and "Why is that important?" Be sure to take notes or to record the interviews. Then write an essay describing what you learned about your interviewees' beliefs and values.   Highlight points of agreement and disagreement between them. Finally, say what you learned about your own philosophical convictions through this experience.

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Definitions:

Fair Value

The estimated price at which an asset or liability could be bought or sold in a current transaction between willing parties, other than in a liquidation sale.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded over time for fixed assets, signifying the reduction in their value.

Fair Value

An estimated market value of an asset or liability based on current market prices or valuations of similar instruments.

Mortgage

A loan secured by real property, typically paid back with interest over a long period, used by individuals and businesses to purchase real estate.