Explain Why the Argument That "Anything That Is Legal Is

question 21

Essay

Explain why the argument that "anything that is legal is ethical" is insufficient.

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Definitions:

Asset

An Asset is any resource owned or controlled by a business or an individual that is expected to produce future economic value.

Revenue

The total income generated by a company from its business activities, such as sales of goods and services, before any expenses are deducted.

Cash Coverage Ratio

A measure of a company's ability to pay its debt obligations using its operating cash flow.

Quick Ratio

The Quick Ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.