1) If something is legal, it is also ethical. 1
2) All ethical standards have been enacted as law.
3) How to measure ethics is very personal and that is why there are no universal rules about what
conduct is ethical and what conduct is not.
4) Milton Friedman is a major proponent of the maximizing profits theory of social responsibility.
5) Deontology is based on universal rules that require that all similar cases be treated alike with no
exceptions.