An adjustable-rate mortgage, commonly referred to as an ARM, may start off with a fixed rate for a specified amount of time (one to five years is common) but will then adjust to the market index and continue to adjust on a regular scheduleâeither up or down.
The Practical Ethics minor is designed to familiarize students with the nature and varieties of moral reasoning that are applied to areas of everyday experience, such as: business, marketing, management, and sales; medicine and the delivery of health care; law enforcement; media and public relations; social service careers; civic life; and intimate life in the roles of friend, lover, partner, parent, child, man or woman, and racialized person.
Ethics (from the Ancient Greek word ethikos meaning 'theory of living'), is a type of philosophy which attempts to figure out that right versus wrong in any given situation or scenario. In general terms, ethics are practical moral standards that distinguish right from wrong, and give us a guide to living 'moral' lives. These standards might include duties that we should follow, such as fidelity in marriage, or the consequences of our behaviour on others.