John R. Boatright in “Individual Responsibility in the American Corporate System: Does Sarbanes-Oxley Strike the Right Balance?” argues that the primary purpose of laws governing corporate responsibility is deterrence. Do you agree with this interpretation? Why or why not? Appeal to the ethical theories discussed in this chapter and in class to support your position. please cite from textBeauchamp, T. L., Bowie, N. E., & Arnold, D. G. (2013)… Ethical Theory and Business 9th Edition, New Jersey: Pearson Prentice Hall.