E.g., the common law rule that one is generally not under a duty to come to the aid of another in peril. E.g., the Doliner v. Brown case in Chapter 1. Brown scooped Doliner's condo plan. Merely because conduct is legal, therefore, does not make it ethical. Business ethics is one of many constraints on the behavior of businesspersons and businesses in the marketplace, the two other important constraints on business being the law and the marketplace.
Ethical theories Understand different theories or approaches to ethical reasoning.
Focus of the study is on moral reasoning rather than moral values or a set of specific beliefs. Thus, there are no objective standards upon which to base ethical decisions. The corporate citizenship model leads to three important questions. Examples of areas of public international law International trade - treaties relative to economic cooperation etc.