1) Illustrate the term Ethics using your own words. Provide an example of an ethical decision by a financial institution.
2) Is Providend a socially responsible company? How does the remuneration policy at MoneyOwl and Providend fit in with the socio-economic view of being socially responsible?
3) Discuss, with relevant examples, two (2) individual characteristics that lead to the ethical behavior of Providend’s advisors in this case.