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How Do Values and Attitudes Affect the Selective Attention Process

question 21

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How do values and attitudes affect the selective attention process?

Identify the criteria for determining a material breach in contracts.
Recognize the effects of unforeseen events on contract obligations and discharges.
Distinguish between express, implied-in-fact, and implied-in-law contractual conditions.
Describe how contracts can be discharged by mutual agreement and operation of law.

Definitions:

Moral Philosophy

The branch of philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and ends of such actions.

Ethical Behavior

Conducting oneself in a manner that adheres to principles of morality and fairness in all aspects of life, including business practices.

Hedonism

Hedonism is the ethical theory that pleasure (in the sense of the satisfaction of desires) is the highest good and proper aim of human life.

Existentialism

Existentialism is a philosophical theory emphasizing individual freedom, choice, and personal responsibility, positing that individuals create their own meaning in life.

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