business law 200 words

What is ethics?” We know that ethics is the study of what constitutes right and wrong behavior. Ethics is involved in the answers to such questions as What is fair? What is just? What is the right thing to do? Ethics is not an ab­stract or static concept—values and moral convictions influence a thousand everyday actions and decisions. Dig a bit deeper. How does a law become to be an expression of an ethical principle? Does a company have a duty to act in socially or politically beneficial ways?

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