Marshall owns and operates a construction firm. He uses inexpensive and low-grade building products and accepts inferior carpentry work from his subcontractors. Nevertheless, Marshall complies with all the city building codes as well as all state and federal laws. Has he fulfilled all of his ethical obligations
a. Yes, because legal standards are stricter than ethical standards.
b. Yes, because ethical obligations require only legal behavior.
c. No, because ethics is too hard to define.
d. No, because legal compliance is regarded as the moral minimum.
Ans: d. No, because legal compliance is regarded as the moral minimum.
Economics
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