Ask Question
BusinessBusiness
19 March, 11:37

Why might legal rules be insufficient for fulfilling one's ethical responsibilities? Research current events to identify and briefly describe a case in which a business person has done something legally right, but ethically wrong. Also, identify and describe a situation in which a business person might have acted in a way that was legally wrong but ethically right.

+1
Answers (1)
  1. 19 March, 15:04
    0
    Legal norms and ethical norms are not same and sometimes not agreeable also. Some ethical norms may be wrong legally but some legal norms may be wrong ethically.

    Explanation:

    The law is set of rules that guide our conduct in society and enforceable through public agencies. For business environment, law provides important guide to make ethical decision making. But sometimes the norms which are ethically right are illegal and sometimes legal norms are unethical.

    The example of cases which are ethically right but legally wrong are cheating in taxes or driving over the speed limit or spitting by the road side. The example of cases which are ethically wrong but legal right are falsifying financials, misleading markets and many more.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why might legal rules be insufficient for fulfilling one's ethical responsibilities? Research current events to identify and briefly ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The digby company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. the expected salvage value at the end of 15 years is $4,090,000.
Answers (1)
An auditor has determined a $10 million materiality level for a client's balance sheet and a $3 million materiality level for the client's income statement.
Answers (1)
Put the phases of the business cycle in the correct order in which they follow a recession. first phase depression recovery boom recession
Answers (1)
At Mattress Store, Nate signs a contract to buy bedroom furniture. The contract sets a schedule of $500 monthly payments, subject to a late fee of 15 percent. Nate finds the language of the contract difficult to understand. This is most likely a.
Answers (1)
If a harmful substance is used in a workplace, the company must provide what informational document to employees? A. Material safety data sheet B. Ergonomics checklist C. Guarantee D. Warranty
Answers (1)
New Questions in Business
Revenue at a major smartphone manufacturer was $1.9 billion for the nine months ending March 2, up 89 percent over revenues for the same period last year.
Answers (1)
Choose a company you know of that you think is good at innovation, describe at least one innovative thing that company has done.
Answers (1)
for a new bottling machine it is developing. Future research and development expenses could range from $4 to $9 million, with a most likely value around $7 million. The life of the product will be anywhere from 3 to 10 years.
Answers (1)
Ken Deangelo Company's internal controls over cash disbursements provide for the treasurer to sign checks imprinted by a check-writing machine in indelible ink after comparing the check with the approved invoice.
Answers (1)
Land used for raising crops or livestock is generally called a
Answers (2)
Home » Business » Why might legal rules be insufficient for fulfilling one's ethical responsibilities? Research current events to identify and briefly describe a case in which a business person has done something legally right, but ethically wrong.
Sign Up Forgot Password?