The Payment of Hu's Debt to Ian Is Guaranteed by Hu's

question 18

Multiple Choice

The payment of Hu's debt to Ian is guaranteed by Hu's personal prop?erty.To give public notice of his interest in Hu's property,Ian is most likely to

• A)attach a bright label to Hu's property.
• B)e-mail other potential creditors.
• C)file a financing statement with the appropriate authority.
• D)publish a collection notice in local newspapers.

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Definitions:

Situational Ethics

A philosophy that ethical decisions should be made based on the context of a particular situation rather than by following absolute moral rules.

Deontology

A branch of ethics that focuses on the morality of actions based on adherence to defined rules or duties, regardless of the outcomes.

Ethical Dilemma

A situation where a person is forced to choose between two morally correct but contradictory actions, with no clear solution.

Act Utilitarianism

A philosophical theory that posits the morality of an action is determined by its contribution to overall happiness, with each situation judged individually.