Are ethical behavior and legal behavior the same?

Are ethical behavior and legal behavior the same?
A business owner who was turned downed for a loan because it was to risky, had his accountant to change his accounting method from cach basis to accrual basis. Which he then applied for a laon with another bank (on the application there was a question that asked if he had been previously rejected for credit and he answered no). Is this business owner displaying ethical behavior or legal behavior and why?
1 person found this useful

Examples of ethical behavior?

Ethical behaviors are morally upstanding, and are generally the  right things to do. An example might be when a person helps an  elderly individual cross the street, or when… (MORE)

What is is ethical behavior?

Ethics are considered the moral standards by which people judge behavior. Ethical behavior is behavior that conforms to those accepted standards of social or professional beha… (MORE)

Is ethics a learned behavior?

No. It resides in the realm of ones conscience. Nearly all people who act unethically first attempt to rationalize their bad behavior in order to salve their conscience for wh… (MORE)