1.
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Attitudes toward ethics do not include: 5
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Amoral
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Legalistic
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Participative
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Emerging
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2.
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The task of ethics does not involve: 6
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Bring out what is involved in the notion of a principle
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Equate ethics with law
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Bring out what is involved in norm of action
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Recognize ideals that serve as agencies of control
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3.
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Ethical behavior does not include: 4
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Standards of professional conduct
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Greed and profits
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Standards of business practices
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Justice and fairness
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4.
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Rational acts are how we make moral judgments. They can include all except: 8
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Emphasizing material wealth
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Human conduct and behavior
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Values and moral pressure from religious groups
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Values and moral pressure from peer groups
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5.
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Effective ethical practices can not include: 8
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Expressed as a set of principles or standards of conduct
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Guides to behavior and the judging of others
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Acting solely for the purpose of one's own gain
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Health and safety of other members of society
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6.
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_______________ is not Aristotle’s legacy: 10
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Statutory law
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Law of property
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Contract law
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Inheritance law
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7.
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St. Thomas Aquinas’s elements of law do not include: 10
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Reason
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Choice between alternatives
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For the common good
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For select and elite publics
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8.
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Leibniz conceived justice as a communal virtue which preserves the community and includes all except: 12
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The military community
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The marital community
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The family community
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The community of the household
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9.
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Kant held that ___________________ is not one of four judicial acts involved in every contract: 12
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The promise
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The indication of acceptance
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The rejection
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The thing promised
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10.
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Value judgment does not compare and contrast: 13
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Rationality versus rashness
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Prudence and stability versus anxiety and confusion
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Good of society versus evil or self indulgence
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Inherent rightness versus inherent goodness
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11.
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The salesperson operates under a code of relative rather that absolute ethics. T F 15
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12.
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_________________ is not one of primary reasons for lack of ethics in the real estate industry: 20
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Real estate is a big money business
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Real estate is illiquid.
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Real estate industry is controlled by real estate agents
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Consumers' lack of knowledge
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13.
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Conduct that may violate the Code of Ethics for REALTORS® includes all except: 27
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Misappropriation of clients funds
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Avoid making unsolicited comments about other practitioners
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Misappropriation of customers property
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Fraud resulting in substantial economic harm
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14.
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In any instant where the code of ethics and the law conflict; the obligation of the code of ethics must take precedent. T F 27
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15.
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The primary obligations of an agent is to protect and promote the interest of: 28
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Buyer
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Client
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Seller
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Tenant
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16.
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REALTORS® duties to the public include all except: 34
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Shall not discriminate on the basis of race
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Shall not discriminate on the basis of religion
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Shall not discriminate on the basis permitted by law
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Shall not discriminate on the basis of national origin
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17.
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REALTORS® shall not solicit from the following who are subject to exclusive agreements: 40
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Buyers/tenants
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Peers
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Salespersons
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Novices
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18.
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In the event of contract disputes or specific non-contractual disputes between REALTORS® the principals shall submit to: 42
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Litigation
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Non-passive action
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Arbitration
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Mediation
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19.
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Through the realtor the ___________ resource of the nation reaches it highest use and private ________ ownership its widest distribution. 55
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Property
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Real estate
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Land
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Natural
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20.
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_________________ is a set of principles, or values, a standard of conduct by which the individual guides his own behavior and judges that of others. 55
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Ethics
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Effective ethics
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Moral
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Laws
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