explain why legal rules may be insufficient for fulfilling ethical responsibilities. Identify a case/instance in which a business person has done something that is legally permitted, but is ethically wrong, and also identify a case/instance in which a business person has acted in a way that is legally wrong, but ethically right. Describe the ethical issues in each case and the outcome of the person's decision. You will need to do research on the cases and principles that you write about and incorporate citations to appropriate resources that support/provide evidence for what you write

Check below for explanations

Explanation:

A legal rule is one made and enforced by social or governmental organizations to guide and regulate the conduct of the people in a society while ethical responsibilities are morally based obligations that individuals and groups have towards each other, and their abilities to interpret and act upon these ethical standards.

Ethical standards are not the bases for forming legal rules and vice-versa. Some conducts may conform to legal standards but may not uphold the ethical principles of a particular society. Some legal requirements are not ethically required and some ethical requirements are also not necessarily supported by law. This makes legal rules insufficient for fulfilling ethical responsibilities.

A cosmetic company using a popular drug addict, who also is a musician as a brand ambassador does not break any legal rules but fails in their ethical responsibilities. This is because this act can promote the rate of drug addiction among young people.

The slave trade was legal in Europe in the mid seventeen century, but this out-rightly opposes ethical standards because the people that were traded as slaves during these periods were not made to enjoy their human right. This was legal because it was accepted by the European governments.