30 - Ethics, Morals, Principles, and Laws

Complaints enforced by the local association/board of REALTORS are

ethics complaints and arbitration requests.

A REALTOR caused a series of events, without interruption, abandonment or estrangement, that resulted in the sale of a property. The REALTOR may be considered to be

procuring cause.

The Articles of the Code of Ethics stress the REALTOR's obligation to

put agreements in writing and keep them current with written extensions and amendments.

The Articles of the Code of Ethics stress the REALTOR's obligation to

put agreements in writing and keep them updated.

The Code of Ethics prohibits REALTORS from providing services outside their area of expertise. REALTORS should limit their business in all the following areas except

selling listings through one MLS only.

In a real estate company, an emphasis on sound ethical and moral behavior must begin with

the owner and manager.

"Due process" includes all the following except

the right to appeal to the state licensing authority.

Which of the following situations could result in arbitration?

A REALTOR claims that she has a right to another REALTOR'S commission.

Which of the following statements regarding the structure of the Code of Ethics is correct?

Articles are broad statements of ethical principles, and Standards of Practice interpret, support, and revise the Articles

Which of the following is a correct statement regarding ethics and laws?

Ethical reasoning often requires one to go beyond the basic requirements of the law.

Ethics complaints are processed by the

Grievance Committee, Professional Standards Committee and Board of Directors.

Procuring cause is determined by

Hearing Panel guidelines contained in the Code of Ethics and Arbitration Manual.