Final answer:
The only moral obligation for businesses is not just to act within the law.
Step-by-step explanation:
In business and elsewhere, your only moral obligation is to act within the law. False.
While the law sets the minimum standard of behavior for businesses, it does not encompass all moral obligations. Businesses have a wider responsibility to consider the ethical implications of their actions and make decisions that align with societal values and norms. This includes considerations such as treating employees and customers fairly, being environmentally conscious, and contributing positively to the community.
Ignoring moral responsibilities outside the law can lead to reputational damage and loss of trust, which can ultimately impact the success and longevity of a business.