Ethics 311 Exam Questions And 100% Correct
Answers
What does ethical behavior really rest on?
Morals, laws, and one's sense of ethics
Ethical behavior is
much more than simply knowing right from wrong. It tells us how we should act in
regard to the many choices we are presented with daily.
Which of the following would be a potential ethical concern?
placing insurance with the insurer paying the highest commission
The ability to apply knowledge to risk and insurance circumstances is acquired through
professional training and job experience
An insurance professional is responsible for his or her thoughts, decisions, and actions.
Knowledge, skill, and expertise guide decisions and ensure that the insurance
professional uses his or her
professional judgement
Unselfish concern for the welfare of others is referred to as
altruism
Insurance rating systems discourage social responsibility. True or False
FALSE
Answers
What does ethical behavior really rest on?
Morals, laws, and one's sense of ethics
Ethical behavior is
much more than simply knowing right from wrong. It tells us how we should act in
regard to the many choices we are presented with daily.
Which of the following would be a potential ethical concern?
placing insurance with the insurer paying the highest commission
The ability to apply knowledge to risk and insurance circumstances is acquired through
professional training and job experience
An insurance professional is responsible for his or her thoughts, decisions, and actions.
Knowledge, skill, and expertise guide decisions and ensure that the insurance
professional uses his or her
professional judgement
Unselfish concern for the welfare of others is referred to as
altruism
Insurance rating systems discourage social responsibility. True or False
FALSE
