1314 The term ethics is derived from the Greek word which meanscharacteristic way of . 15. Ethics are rules of __based on ideas about what is morally goodand bad. ADDITONAL ACTIVITIES Directions: Give a situation where ethics could be applied. Choose only one from thefollowing places. Write your answers in three to five sentences on a separate sheet ofpaper 1. At the airport 2. In the marketplace 3. In a public office LESSON 2: CODE OF ETHICS WHATS NEW The new Chief Operating Officer (COO) of Lee Ching Chemical Company, Max Ching, has found that the firm has been dumping its toxic waste into the local river for the last four years and falsifying information to officials about the amounts of