Among the numerous dilemmas connected with business activity, businessmen encounter praxiological and ethical ones. The praxiological dilemmas concern the relationship between the means and ends of economic actions and the effectiveness and efficiency of these actions. The ethical dilemmas are connected with the moral dimension of behaviors in the economy and business. The principal praxiological and ethical dilemmas are grouped in types depending on the causing underlying these dilemmas. This paper 1 describes some kinds of dilemmas encountered in economic life, namely: dilemmas of the patent and latent system of values, dilemmas of attitudes, role, the goal and the means, dilemmas of the time horizon, and dilemmas of auto- and heteronomy. Solving the dilemmas in practice is the way to learn how to overcome them and this is why the inclusion of the paper to the volume on Action Learning is fully justified.