What term refers to the study of what is morally right or wrong in a given situation?

The term that refers to the study of what is morally right or wrong in a given situation is ethics. Ethics deals with the principles of conduct governing an individual or group, helping them discern right from wrong. It often involves systematic approaches to understanding moral concepts and the implications of actions.

While morals are personal beliefs about what is right or wrong, ethics provides a broader framework for evaluating those beliefs and behaviors within a societal or professional context. Legal standards refer to laws and regulations that govern behavior but do not encompass the moral reasoning behind those laws. Guidelines, on the other hand, are recommended practices or procedures for specific situations, but do not specifically address moral principles. Therefore, ethics is the most appropriate term for the study of moral reasoning in complex and situational contexts.