EstatePass
Practice Of Real EstateBrokerage_operationsEASY

A broker asks whether a certain action might be legal but still violate the profession's standards of honesty and fair dealing. What body of rules is the broker asking about?

Correct Answer

A) Professional code of ethics

Professional code of ethics is correct because the facts match industry standards of conduct that may exceed minimum legal requirements and guide professional behavior. That is the best description of the relationship, right, or legal concept tested here.

Answer Options
A
Professional code of ethics
B
Management fee
C
Procuring cause
D
Trust account

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Related Topics & Key Terms

Key Terms:

brokerage_operationspracticeethics
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