Question: The govemment is considering a program that mandates counseling before borrowers tign for risky loans to purchase homes. Such a program would point out the
The govemment is considering a program that mandates counseling before borrowers tign for risky loans to purchase homes. Such a program would point out the potential financial danger of such loans. According to the New York Times, many mortzage brokers think that such a prosram foes too far in interfering with the market for home loans. The Times quotes one mortgage lender as saying. "People want govemment to safeguard them, but I don' want to be turning my head and seeing the bovemment saying. "Wo think you should make another decishon" The broker's attitude toward the proposed government program with respect to his business refiects a feature of which ethical theory? Nozick's Rights Theory Rants Theory of lantice Uhintarishinm The fthic of Care Question 10 The former General Councl of General Electric wrote in a recent issoe of the Harvard Business Review: "The fundamental costs of systems, processes, and talented people focused on performance with integrity pale in comparison to the benefits. especialy the benefit of avoiding catastrophic integrity minefields. Indeed, sound practices in areas like emironment, heath and
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