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Basic Question 4 of 4
Which statement is true?
B. All legal behaviors are ethical because laws and regulations often codify ethical actions that lead to better outcomes for society or specific groups of stakeholders.
C. Some ethical behaviors may not be legal.
A. The law is always the best mechanism to reduce unethical behavior by market participants.
B. All legal behaviors are ethical because laws and regulations often codify ethical actions that lead to better outcomes for society or specific groups of stakeholders.
C. Some ethical behaviors may not be legal.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
compare and contrast ethical standards with legal standards
CFA® 2024 Level I Curriculum, Volume 6, Module 1.