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.
nonnormative ethics ethics whose objective is to establish what factually or conceptually is the case, not what ethically ought to be the case. Two types are descriptive ethics and metaethics. normative ethics an approach to ethics that works from standards of right or good action. There are three types of normative theories: virtue theories, deontological theories, and teleological theories. nursing ethics the values and ethical principles governing nursing practice, conduct, and relationships.