Answer the following based on Chapter $2$ of your Textbook. Are ethical and legal responsibilities the same?

No$,$ legal standards are necessary for a properly functioning society, and ethics deals with voluntary business conduct in accordance with laws, statutes, regulations, and policies.

Yes, they are the same standards of behavior and must be followed.

No$,$ because law is always superior to ethics.

Yes, because companies have duties of legal and ethical responsibility to assert right or wrong.