What term refers to a standard or principle that guides behavior regarding right and wrong?

The term that refers to a standard or principle that guides behavior regarding right and wrong is ethics. Ethics is a set of moral principles that dictate what is considered acceptable behavior in various contexts, influencing individual choices and societal norms.

While the term "moral" relates closely to concepts of right and wrong, it often refers specifically to personal beliefs and values about what is right or wrong for an individual. Ethics, on the other hand, encompasses broader frameworks that can apply to groups, professions, or communities, providing a structure for evaluating actions within those contexts.

Regulations are rules or directives made and maintained by an authority, which may evolve from ethical standards but are not inherently about guiding behavior in a philosophical sense. Conduct refers to the manner in which a person behaves, especially in a professional or moral sense, but does not carry the same weight of guiding principles as ethics does.

Thus, ethics is the most accurate term representing the guiding standards concerning right and wrong, especially in a systematic or philosophical context.