Provide an explanation for each of the follow liability accounts.
Definitions:
Ethical Leadership Theory
A concept that emphasizes the importance of leaders acting in an ethical manner and promoting ethical practices among their followers.
Utilitarianism
is an ethical theory that advocates for actions that maximize happiness or benefit for the largest number of people.
Ethical Theory
Philosophical reasoning that guides individuals in determining what is morally right and wrong in human conduct.
Co-payment Fees
Charges that patients pay out of pocket for a portion of their medical services or prescriptions, in addition to what their insurance covers.
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