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Case 5.1: Oliver Mytton, "Should Doctors Talk to Relatives without a Competent Patient's Consent?"
-Mytton discusses the discrepancy between how doctor-patient confidentiality is presented in ethical codes and how it can differ in practice when relatives of a patient are involved. Do you think there is reason to rewrite the rules, or is this simply a matter of the complexity of actual practice, which could never be captured by a regulation? If the latter, can you see a way to avoid the specific issue of talking to relatives about something the patient did not wish to share? Explain your answer.
Securities
Financial instruments that represent ownership positions in corporations (stocks), creditor relationships with corporations or governmental bodies (bonds), or rights to ownership as represented by an option.
Capital Allocation Line
A line on a graph that shows the risk-reward ratio of portfolios that combine a risk-free asset and a risky portfolio.
Optimal Risky Portfolio
An investment portfolio that offers the highest expected return for a specific level of risk.
Risk-free Rate
The theoretical rate of return on an investment with zero risk, often represented by the yield on government securities.
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