There are three sets of guiding principles that direct how people live their lives – ethics, morals, and laws (or the ethical, the moral, and the legal). Recently, the lines between the three sets of principles have become blurred. Often, people no longer can tell the difference between morals and ethics. Many companies have a Code of Ethics that is enforced through negative consequences in much the same way laws are enforced making ethical behavior mandated by law. In this assignment, you will discuss the similarities and differences between ethics, morals, and laws, and discuss the advantages and disadvantages of having the lines between those principles blurred. In a paper of 500-750 words discuss the roles ethics, morals, and laws play in people’s lives. In your paper include the following: A definition of ethics A definition of morals A definition of laws Compare the roles ethics, morals, and laws play in people’s lives. Explore the advantages and disadvantages of having the distinction between ethics, morals, and laws blurred.