When studying business law, students should also study ethics in a business context. According to your text, ethics is the study of 1Religious behavior and decisions.
2Financially rewarding behavior and decisions.
3Culturally acceptable behavior and decisions.
4Socially responsible behavior and decisions.
5Good or right behavior and decisions.

4. Socially responsible behavior and decisions.

Explanation:

Ethics is the study of the norms and principles of behavior that are acceptable in society. They are usually unspoken and represent what is expected of people even if the law does not explicitly state it.

Ethics are meant to be socially acceptable instead of religious or cultural because society today has people of various religious and cultures so a general approach is needed. Culture and religion do however play a major part in ethics.

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