Examlex
The term "open end" mutual fund means that this type of investment company can issue an unlimited number of ownership shares.
Ethical Theory
The systematic examination of morals, involving the analysis of concepts like right and wrong, justice, and virtue.
Situational Ethics
The ethical theory that morality is determined by the specific context of an act rather than by general or absolute rules.
Ethical Dilemma
A situation where an individual faces a choice between two morally right or conflicting principles where choosing one means compromising the other.
Ethical Absolutism
The belief in universal ethical standards that apply to all cultures and individuals regardless of context or situation.
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