Lance found a wallet containing over $500 cash. He knew he should try to return the wallet to its owner and that he could take the cash and the owner wouldn't know if he took it or if someone else did before Lance found the wallet. Lance won't do that, though, because he believes that would be wrong. Lance's personal standards and beliefs that guided his behavior are called _____.

Question

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Lance's personal standards and beliefs that guide his behavior are his morals. Ethics refer to a set of moral principles or values that are widely accepted by a group or society. Norms are the unwritten rules or expectations for behavior in a particular social group or situation. The id and superego are concepts in Freudian psychology referring to different aspects of the human psyche.

Lance Found a Wallet Containing Over $500 Cash