• Many laws prohibit immoral practices i.e. socially harmful practices such as murder, stealing, and perjury. One can argue that a law should be passed in order to eliminate such harmful acts in society. Another example is racial discrimination which was immoral before it was made illegal. Also, child labour or sweet-shop conditions; although unethical can only be substantially eliminated when made illegal.
• Law is for the most part reactive for example; one reaction to scandals is to try to prevent similar future scandals from occurring by legislation. There is a definitive delay between the time that society discovers that certain practices are harmful and the reaction time it takes for legislation to be drafted and passed in order to render these practices illegal.
• Not all laws are morally defensible such as laws requiring racial segregation and discrimination. To abide by the law in practicing discrimination was, in fact, to act immorally. It is dangerous to equate law with what one is morally, as well as legally, required to do because this denies the possibility of arguing, from a moral point of view, that either a law should be passed or a bad law repeated.
• Also, not everything that is immoral can be made illegal. Even though it is immoral to lie, this does not mean that all lying should be made illegal. Such a law would not be unenforceable, nor would it be worth the time and effort to try to enforce it to any great extent. It would be considered bad business as well as immoral if business people who claim to be bound by the law, lie whenever they felt like their shareholder, stakeholders, other business people or the like. (De George, 2006)
• Without a doubt a business cannot operate in a market place without being affected by the push and pull forces of the market as well as the laws of that country, the relationship is mutually interlinked, one cannot operate without the other, a business can be at the mercy of both the law and the markets and can also be the net gainer from both the law and the markets and can also be the net gainer from both, if one fails then it is the responsibility of the business to ensure that some form of middle ground is attained in order to continue to operate ethically.