Identify a case/instance in which a business person has acted in a way that is legally wrong, but ethically right.

john, who was a broker at AP investment, used to avoid under performing and unsuitable products for clients acting in their interests. He was being pushed to sell AP investment's  products than act in client’s interest. He reported the issue to his supervisors and colleagues, that was illegal as per firm’s legal requirements but at the same time it was ethical to act in the best interest of his clients.

Explanation:

An ethical obligation is a requirement to act in accordance with, or to refrain from violating, a recognized standard of right and wrong, whether set out in a professional, or a personal, code of ethics. Some ethical obligations for professional persons, including lawyers and doctors, may also be codified into law.

Legal obligations derive from the law, a system of rules which is applicable to the whole of a particular society, and is enforced through its institutions. The law seeks to facilitate relations between members of society by clarifying their rights and responsibilities, balancing their interests, and regulating the behavior of individuals and groups in accordance with that balance

i am asked a question by the teacher.

or

a question is asked by the teacher.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.