Intellectual Property Statement of Ethics Project WHAT’S A STATEMENT OF ETHICS? A statement of ethics clearly identifies a person’s or company’s beliefs about core concepts of the person’s life or a company’s business and defines key terms related to those concepts. This statement guides the ways people or companies function and leads to the development of specific lists of practices, which may be called a Code of Conduct or Best Practices that enable people to enact or uphold those beliefs.
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