Multiple Choice
Identify
the choice that best completes the statement or answers the question.
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1.
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What makes a system of ethics
essential?
a. | A limited supply of goods | b. | It is the only method to adjudicate disputes | c. | Its fairness | d. | Because
individuals exist in society |
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2.
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Which of the following is NOT a necessary component
of a profession?
a. | Specialized knowledge | b. | Opportunity for substantial income | c. | “Service before income” outlook | d. | A code of professional ethics |
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3.
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Which of the following is the foundation of ethics
for the financial services agent?
a. | Compliance requirements | b. | The Golden Rule | c. | Force
| d. | The legal system |
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4.
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What is the common thread in unethical sales
practices?
a. | They lead to the customer’s monetary loss
| b. | They mislead the customer | c. | They are forbidden by all insurers | d. | The practices are illegal |
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5.
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Which of the following is a fundamental method of
resolving disputes?
a. | Reason | b. | Force | c. | Both a and b
| d. | Neither a nor b |
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