BSL 212 Study Guide - Anticipatory Repudiation, Oral Contract, Surety

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Teleology: stipulates that acts are morally right or acceptable if they produce some desired result, such as realization of self-interest or utility. Utilitarianism: defines right or acceptable actions as those that maximize total utility, or the greatest good for the greatest number of people. Deontology: focuses on the preservation of individual rights and on the intentions associated with a particular behavior rather than on its consequences. Relativist: evaluates ethicalness subjectively on the basis of individual and group experiences. Virtue ethics: assumes that what is moral in a given situation is not only what conventional morality requires but also what the mature person with a good moral character would deem appropriate. Justice: evaluates ethicalness on the basis of fairness: distributive, procedural, and interactional. Chapter 3: civil dispute resolution: subject matter. Federal (exclusive: admiralty law, bankruptcy law, copyright/ patent/ trademark, federal crimes, lawsuit against us.

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