Question: CASE: You are having lunch with another student. During the course of your conversation, you tell your friend about your exciting business ethics class. After

CASE: You are having lunch with another student. During the course of your conversation, you tell your friend about your exciting business ethics class. After you explain the seriousness of fraud and other acts of wrong doing, he asks you 4 questions you have to respond:

If all acts of fraud or wrong doing can be detected and penalized one day, would business ethics still be important? Why or why not?

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