Let $R$ be a commutative ring with identity and let $I$ be an ideal of $R$. We denote by $\mathrm{Ann}(I)$ the annihilator of $I$, that is $\mathrm{Ann}(I) \Doteq \{ r \in R \, \vert \, rI = \{0\}\}$.
We say that $I$ is a faithful ideal of $R$ if $\mathrm{Ann}(I) = \{0\}$. We call $r \in R$ a regular element of $R$, if it is not a zero divisor, i.e., if $\mathrm{Ann}(Rr) = \{0\}$.
We say that $I$ is regular ideal of $R$ if $I$ contains a regular element. A regular ideal is clearly a faithful ideal.
Question 1. Do you know of an example of a two-generated ideal which is faithful but not regular?
Question 2. If such an example does exist, then under which conditions is a finitely generated faithful ideal also regular?
Following [1], we say that a ring $R$ satisfies Property (A) if every finitely generated faithful ideal of $R$ is regular.
Thus a counter-example should be a non-Noetherian ring of positive Krull dimension, should this dimension be well-defined.
We present now an example, due to D. Anderson and J. Pascual, of a ring $R$ with a two-generated faithful ideal $I$ which is not regular. This construction relies on Nagata's idealization method. Given a commutative unital ring $S$ and an $S$-module $A$, we define the commutative ring $R \Doteq S \oplus A$ with identity $(1, 0)$ by $$(s, a) \cdot (s', a') \Doteq (ss', sa' + s'a).$$ We can identify (and we will) $S$ with the subring $S \oplus \{0\}$ of $R$.
It is easily seen that $Z(S \oplus A) = \{(s, a) \, \vert \, s \in Z(S) \cup Z(A)\}$ where $Z(R)$ is the set of zero divisors of $R$ and $Z(A) \Doteq \{ s \in S \, \vert \, sa = 0 \text{ for some non-zero } a \in A \}$. If $S$ is an integral domain and $\mathcal{P}$ is a set of prime ideals of $S$ and $A = \bigoplus_{\mathfrak{p} \in \mathcal{P}} S/\mathfrak{p}$, then $Z(A) = \bigcup_{\mathfrak{p} \in \mathcal{P}} \mathfrak{p}$. Thus, if the set $S \setminus S^{\times}$ of non-units of $S$ is covered by the prime ideals in $\mathcal{P}$, then $(s, a) \in R = S \oplus A$ is regular if and only if $s$ is a unit of$S$. This covering property holds for instance if $\mathcal{P}$ is the set of height one prime ideals of $S$ for $S$ a Noetherian normal domain [2, Theorem 11.5].
Showing that $I$ is faithful will be easy. In order to show that any element of $I$ is a zero divisor, the important fact to note is that $S \setminus S^{\times}$ is covered by the height one prime ideals of $S$.
[1] D. Anderson and J. Pascual, "Regular ideals in commutative rings, sublattices of regular ideals, and Prüfer rings", 1987.
[2] D. Eisenbud, "Commutative algebra with a view towards geometric algebra", 1995.