Thesis Abstract

Abstract
Ethics theory and the law play vital roles in shaping behavior, decision-making, and societal norms. This research project aims to evaluate the relationship between ethics theory and the law, focusing on how they intersect, complement, and sometimes conflict with each other in various contexts. The study will explore different ethical theories such as deontology, consequentialism, and virtue ethics, and analyze how these theories are reflected in legal frameworks. Moreover, the research will investigate the foundations of ethics theory and the law, examining the historical development and philosophical underpinnings of both domains. By understanding the origins of ethical principles and legal regulations, this project seeks to provide insights into the evolution of moral and legal standards in society. Furthermore, the project will delve into case studies and real-life examples to illustrate the practical implications of ethics theory and the law. By analyzing specific situations where ethical considerations are weighed against legal requirements, the study aims to highlight the complexities and nuances of ethical decision-making in a legal context. Additionally, the research will explore the role of ethics theory in guiding the interpretation and application of the law. It will examine how ethical principles are incorporated into legal reasoning, judicial decisions, and legislative processes, shaping the implementation and enforcement of laws. The study will also address potential conflicts between ethics theory and the law, investigating instances where ethical considerations may challenge or contradict legal mandates. By identifying these conflicts, the research aims to provoke critical discussions on the limitations of legal systems in addressing complex ethical dilemmas. Overall, this research project seeks to contribute to a deeper understanding of the dynamic relationship between ethics theory and the law. By examining the intersections and divergences between these two domains, the study aims to provide valuable insights into the complexities of ethical decision-making, the evolution of legal norms, and the ongoing dialogue between morality and law in contemporary society.

Thesis Overview

INTRODUCTION

Ethics refers to the principles of and standard of moral behaviour that are accepted by society as right versus wrong. To make the right choice, or at least the best choice from among competing alternatives, individuals must think through the consequences of their actions. Ethics can be defined as a set of Principles of right conduct.it can also be defined as a theory or a system of moral values.Business ethics is the the application of moral standards to business situations.

Many firms have a set of policies on business conduct and legal compliance.The policies embrace ethics, internal controls,conflict of interest and a host of other areas , all of which are designed to promote good and ethical business practice.Employees are aquainted with these policies and are made to sign Undertakings to them maintain. As a matter of policy, the company is ready to concede business opportunity in favour of its code of ethics

Business ethics has been a growth area in the business world in recent times. Before the advent of business ethics, business transactions have largely been conducted on the principle of caveat emptor, meaning buyer beware.Much has changed in recent times. The law is the most important source of ensuring that consumers receive a fair deal from retailers and manufacturers. Some of these laws in Nigeria include the PRICE CONTROL Act of 1970 as amended by the price control Act 1977; Nigeria Standard Organisation of Nigeria ACT OF 1971; National Agency for Food and Drugs Adminstration and control Act of 1974; Weight and measures ACT OF 1974 ETC. These and other laws are essentially an imposition of moral consideration on Business,to ETHICS THEORY.