is my boss always right?

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I have just been transferred from a new assignment and with it comes a new boss. At first, i had such great respect and loyalty, as we went along, i noticed some inconsistencies with his management skills, if he has any, that i was starting to get confused with his decisions. At one point, he made a decision contrary to the moral principles of the company, of course i understand about people having different mamaging styles, but this is completely against my principles as a person, and as one representing the company we work for. I was "dubbed" as somebody who "acts-as-if-i-am-the-boss", but i was just defying my boss because to my knwledge it is wrong. Should I stop because my boss should be always right?