which is sometimes very challenging. Therefore‚ there are the ethical and legal rules to follow the educators’ practices during their dealing with the different stakeholders. The following essay will investigate the issues of moral and ethical obligations during dealing with these situations. The given case study reflects the ethical‚ moral and legal dilemma‚ that a teacher has to go through during day to day situations. In the given case study‚ there arises the issue of moral and ethical dilemma
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The issue of moral obligations towards the global poor has always been a contentious affair to be discussed for fear of problematic resolutions that may affect academia on a personal level. Peter Singer‚ most notable for his authorship of “Famine‚ Affluence‚ and Morality” and the drowning child analogy‚ presents the rather uncommon normative view that affluent persons are morally obligated to donate more resources to humanitarian causes than the present standard. Singer’s perspective on these seemingly
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has encountered situations in which certain costs and certain obligations imposed are less clear about accounting treatment. Such issues include how to account for: 1. The expenditures and depreciation (if applicable) of the leasehold improvements. 2. The general repairs and maintenance. 3. The reinstating to the property’s original condition. The purpose of this memo is to analyze the circumstances and obligations arising under this lease agreement and make recommendations
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consumers. This means CoAx does not transfer responsibility at shipping point‚ but at destination. And until all obligations are satisfied‚ it is not suitable for CoAx to recognize revenue. ASC 606‚ Revenue From Contracts With Customers‚ provides five steps to recognizing revenue; step 5 requires an entity to “recognize revenue when (or as) the entity satisfies a performance obligation.” Describe in general the key principles of this step (and any applicable implementation guidance) that would be
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cost of benefits that the plan defines.T 5. Companies compute the vested benefit obligation using only vested benefits‚ at current salary levels. T 6. The accumulated benefit obligation bases the deferred compensation amount on both vested and nonvested service using future salary levels. F 7. Service cost is the expense caused by the increase in the accumulated benefit obligation because of employees’ service during the current year. F 8. The interest component
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defining obligation between the parties.” According to Sir Fredrick Pollock “every agreement and promise enforceable by law is called contract.” According to Section 2(h) “contract is defined as an agreement enforceable by law” On the basis of above definitions following 2 elements are present in a contract: 1. There must be an agreement. 2. The agreement must be enforceable by law. Therefore we can say that contract is a combination of both agreement and obligation. Obligation: The
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"An agreement enforceable by law is a contract. It is clear these definitions that the two elements of a contract are: (a) Agreement Contractual Obligation (b) Enforceability by Law. For Example: X invites his friend to coffee and the latter accepts the invitation. This is a social agreement not a contract because it does not imply any legal obligation. We can say that: (a) All contracts are agreements‚ (b) But all agreements are not contracts. (a) All Contracts are Agreements For a Contract
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aspect. So the question rises that under what conditions is whistle blowing moral justified? In my opinion‚ it does not matter what one’s obligations or confidentiality agreements‚ one is never exempt from the general obligations we have to our fellow human beings. One of the most fundamental of these obligations is not to cause harm to others. In particular‚ obligations of confidentiality and loyalty cannot take precedence over the fundamental duty to act in ways that prevent unnecessary harm to others
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Equity Scope of 480-10: The guidance requires that an issuer classify a financial instrument that is within its scope as a liability because that financial instrument embodies an obligation of the issuer [05-1]. Defining “Obligation”: All of the following are examples of an obligation [05-2]: a. a conditional obligation to transfer assets by issuing a put option that would‚ if exercised‚ require the entity to repurchase its equity shares by physical settlement. b. a
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consequences.’ For Rawls‚ personal autonomy is a kind of deliberative rationality given that his procedural formalism focuses on the process of deliberation rather than its outcome‚ which neither implies nor is implied by personal autonomy. I find Rawls’s procedural formalistic explanation of freedom too narrow. I agree with David Johnston’s statement‚ ‘the pure proceduralism of personal autonomy does not assure results consistent with the moral law or any other substantive standard.’ Broad emptiness
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