BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Detailed explanation-1: -People often reason about right or wrong by referring to a written authority. The law is written authority that provides consistency. An ethical decision can be partial. Behavior that is considered ethical in one culture may not be acceptable in another culture.
Detailed explanation-2: -An ethical decision is one that is reasoned out typically by referring to a written authority that provides consistency. The law is such an authority.
Detailed explanation-3: -Ethics is based on well-founded standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues.
Detailed explanation-4: -Moral Universalism. A belief that some acts are always right or always wrong. Moral Relativism. A belief that a decision may be right even if it is not in keeping with our own ethical standards.