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According to Laliberté and Hudon, unethical behavior by one professional can be seen as an individual lapse, but when conflicts of interest happen throughout a profession, a new norm can be created that all will have to follow. If so, how would you draw the line between "individual lapses" of ethical behavior and enough to become second nature to those professionals? In addition, if the culture of the profession changes to that degree, does it seem to you warranted, as organizations do evolve over time? Explain your answer.
Bearer
Refers to an individual or entity in possession of a negotiable instrument, such as a check or bond, that is payable to whoever holds it.
Payable
Due for payment; a financial obligation that one party has to pay to another.
Issued
The act of officially distributing or making something available, often used in contexts like the issuance of currency, stocks, or legal documents.
Checks
Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or named party.
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