ETH001 Exam Questions and answers correctly solved 2024/2025
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Course
Ethics
Institution
Ethics
ETH001 Exam Questions and answers correctly solved 2024/2025 ETH/321
Amador's company is considering a change in its distribution structure. Before deciding on the change, Amador has a research team examine how it will affect shareholders, employees, suppliers, community members, and other grou...
ETH001 Exam Questions
A study by the American Society of Executives found that ________ of
associations fully enforce their ethics codes - correct answer ✔1/3
Ethics comes from the Greek word "ethos" meaning - correct answer
✔Character
Ethics involves a ________ effort of studying our own moral belief and
conduct - correct answer ✔Continuous
An unethical action is _______ illegal - correct answer ✔Sometimes
Who is required to uphold the IREM Code of Ethics? - correct answer ✔CPM
Members, CPM Candidates, ARM Members, ACOM Members, and Associate
Members
Ethics for an organization such as IREM, are defined as - correct answer
✔standards governing the conduct of members of the profession
How many articles are there in the IREM Code of Ethics - correct answer
✔14
Which article requires that an IREM member offer equal professional services
to all persons? - correct answer ✔Article 11: Equal Opportunity
Which article requires an IREM Member to provide the institute any
significant, factual information that reasonably suggests another may have
, violated the IREM Code of Professional Ethics - correct answer ✔Article 13:
Duty to Report Violations
The IREM Member Pledge can be cited for ethics violations. True or false? -
correct answer ✔True
An IREM Member was found by his real estate licensing agency to have
violated certain state license laws. If an ethics complaint is filed against him
which article would be cited? - correct answer ✔Article 10: Compliance with
Laws and Regulations
A real estate manager, he himself an IREM Member, was preparing a
complaint against a CPM Candidate who had worked for him several months
ago. The basis of the complaint was that the former employee had been
making derogatory comments against his former employer. Which article/s
should be cited by the manager who is drafting the complaint? - correct
answer ✔Article 9: Duty to Former Clients and Former Firms or Employers
An IREM Member found herself in a difficult financial position and needed
$300 to get her through this rough period. Knowing that the money would
never be missed, she removed $300 from the petty cash fund of a property
she managed, intending to pay it back over time. Which articles of the Code
were violated in this case? - correct answer ✔Article 1: Loyalty to Client,
Firm, and/or Employer,
Article 8: Managing the Assets of the Client
An IREM Member is responsible for purchasing all maintenance supplies for
the office building he manages. One supplier has offered him a rebate of two
percent off the total order if he places the order with him. If the Member
personally keeps the rebate, which articles of the code does this violate? -
correct answer ✔Article 1: Loyalty to Client, Firm, and/or Employer
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