L1

• Ethics is a code of behavior that is defined by the group to which an individual belongs
• Ethical behavior conforms to generally accepted norms, which may change over time to meet the evolving needs of the society or a group of people who share similar laws.
• Morals are the personal principles upon which an individual bases his or her decisions about what is right and what is wrong.
• Morals are core beliefs formed and adhered to by an individual
• MOral principles are statements of what you believe to be rules of right conduct.
• Vice is a habit of unacceptable behavior
• Virtue is a habit that inclines people to do what is acceptable
• Law is a system of rules that tells us what we can and cannot do
• Laws are enforced by a set of institutions
• Laws raise important and complex issues concerning equality, fairness, and justice, but do not provide a complete guide to ethical behavior