NPPE Exam Dumps : National Professional Practice Examination (NPPE) Exam

Ethical theories like Mill's Utilitarianism, Kant's Duty-Based Ethics, Locke's Rights-Based Ethics, and Aristotle's Virtue-Based Ethics provide diverse perspectives on ethical problems. They are useful for guiding professionals in resolving ethical dilemmas by presenting varied viewpoints and considerations, rather than prescribing a single solution to all issues .

The term "duty to indemnify" in relation to liability policies refers to the insurer's obligation to pay claims that are within the scope of the policy. This ensures that the insured party is covered for losses as specified under the policy's terms, which can include compensations for damages or settlements .

The scenario described where firms collude to decide the outcome of bids for projects violates legal and ethical standards governing competitive bidding processes. Collusion and bid-rigging undermine fair competition and are illegal under most competition laws, making any agreements or bids arising from such practices invalid and subject to legal penalties. Therefore, option A is correct, emphasizing the illegality and unacceptability of such actions within professional, legal, and ethical frameworks​​.