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Some borrowers are considering another short-term note called variable-rate demand obligations, which also have their rates reset daily or weekly.
Unlike auction-rate securities, the demand obligations are supported by bank letters of credit, which allow buyers to "put," or sell, the bonds to the banks.
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Beneficence-based duties can, however, quickly create overly demanding obligations for individuals, wherein individuals are expected to contribute time, resources, and accept significant risks for the sake of others (Schaefer et al., 2009).
Every role has its own set of expectations, demands, obligations and commitments.
After a lifetime of play, guilt demanded obligation.
If we read d instead as "ideal circumstances obtain", the claim of a substantive reduction or analysis appears more promising, until we ask, "Are the circumstances ideal only with respect to meeting normative demands or obligations, or are they ideal in other (for example supererogatory) ways that go beyond merely satisfying normative demands?
Their endurance was directly tied to the degree to which demanding ritual obligations were imposed on members (e.g. fasting, vegetarianism, giving up personal possessions, etc).. Demanding ritual obligations had no effect on the endurance of secular communes.
Deep disagreements have emerged in moral theory regarding how much is demanded by obligations of beneficence.
What Herbart describes as a sense of demand or obligation arising through the mechanics of apperception, Kant identifies as a priori ideas that form the aims of rational "interests", both practical and theoretical.
As simple as it sounds, and as much of it is a human birthright, it often is forgotten in the midst of competing demands and obligations.
"It's brutally demanding, this obligation to win," he said.
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