Conversation B: Loyalty and Ethics. Employees have a duty of loyalty to their employers. The legal ramifications of this duty will vary from state to state, but will largely depend on the degree of responsibility of the employee in question. If the employee is an officer, director, or manager of the company, this duty of loyalty is likely to be a fiduciary duty. That is, it will entail certain legal obligations to the employer during the time that this employee is employed. For example, Hawaii Revised Statutes Sec. 428-409 indicates that managing members of LLCs owe duties of both loyalty and care to their companies. Specific obligations are outlined there. In addition to obvious and formally adjudicated distinctions regarding loyalty in the eyes of the law, the "duty of loyalty" interesting at the normative and applied level. Normatively, we could ask whether the duty of loyalty is most easily couched in consequentialist, deontological, or virtue ethical terms. In an applied ethical context, this normative debate regarding the duty of loyalty forms the background for legal considerations surrounding non-competition as well as conflicts of interest, apparent or real. The duty of loyalty suggests, for instance, that I should not compete with