How Can Claims About Virtues and Vices Be Used to Argue

question 18

Essay

How can claims about virtues and vices be used to argue that a particular action is morally obligatory? Give an example of such an argument, other than one that appeared in Chapter 5.

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Definitions:

Variable Rate

A variable rate refers to an interest rate that changes periodically over the life of a loan or financial instrument based on an underlying benchmark interest rate or index.

Mortgage Notes

Legal documents that bind a borrower to repay a lender for a property loan, detailing the terms of the loan agreement.

Fluctuating

Experiencing frequent, irregular changes in level, quantity, or value.

Negotiable Instruments

Financial documents that promise payment to the holder under specific conditions, including checks, promissory notes, and bills of exchange.