Matching Approach and Weakness (Each Can Be Used More Than

question 9

Multiple Choice

Matching Approach and Weakness (each can be used more than once)
-We can't always say exactly why we're uncomfortable in a situation, but years of socialization have likely made us sensitive to situations where something just doesn't feel quite right.

• A)Step one: gather the facts
• B)Step two: define the ethical issues
• C)Step three: identify the affected parties (the stakeholders)
• D)Step four: identify the consequences
• E)Step five: identify the obligations
• F)Step six: consider your character and integrity
• G)Step seven: think creatively about potential actions
• H)Step eight: check your gut

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Definitions:

Liquidation Proceedings

A legal process during which a business closes operations, sells its assets, and pays off creditors, typically in the context of bankruptcy.

Chapter 11 Plan

A reorganization plan under U.S. bankruptcy laws that allows a debtor to keep its business running while paying creditors over time.

Creditors

Individuals, companies, or entities to whom money is owed by debtors.

Court

A governmental institution responsible for administering justice through interpreting laws, resolving disputes, and deciding criminal or civil cases.