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? Historically, legal precedent has been set through a process of debentures and subordinate debentures that dictate employees are often the least considered within the bankruptcy process. However, despite the anonymity of corporate entities, ....

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... there is an element of utilitarian calculus; how will the decision maker reason as to the greatest good for the greatest number? Act Utilitarianism would not provide sufficient normative direction for our dilemma. This suggests that an act is said to be right if it is as good as any available alternative, because without performing the calculus either action is equally good. In this case, this implies similar consequences would result regardless of whether decisions are made cognitively or not. Thus, because no other rule applies, we will appeal to the levels of rules to guide our actions. In this case, our obligation remains with th ...