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I need help with a law and ethics essay assignment with 1050 words
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Ethics and Laws - Outline
Thesis Statement: The need for and the importance of business ethics and binding laws is an
efficient system in the fulfillment of duty and adherence to set guidelines in any binding situation
I.
II.
Introduction
Effect Of Laws
III.
Effect Of Ethical Rules
IV.
Alternative Dispute Resolution (ADR)
V.
Conclusion
Running head: ETHICS AND LAWS
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Ethics and Laws
Name
Institution
ETHICS AND LAWS
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Ethics and Laws
Introduction
The business environment functions on a fulcrum of legal laws and applied and
professional ethical principles. This understanding ensures that the business community is guided
accordingly and that it does not overstretch its authority over the individuals and groups that
have entrusted their trust to them. The legal aspect of business ensures that the business
community does not abscond its responsibility to the society while at the same time, it ensures
fair play within an environment controlled by factors of supply and demand. The government
empowers the legal aspect of business functionality in ensuring that its oversight role adheres to
the agreed principles of law that guide the business community to performance. The business
sector, on the other hand, qualifies itself legally by setting up business codes that come in the
form of ethical principles. Ethics are defined as the moral principles upon which an individual, a
body, or a corporation use to govern themselves when performing an activity. Likewise, the
business community has adopted a se...