M-100 QUIZ – Ethics Questions and
Answers.
The manager of a community association has a professional duty to do all of the following
except:
A. Disclose and account for anything of value he or she receives as a result of managing the
community association.
B. Delegate more authority than he or she received from the board only under extreme
situations.
C. Decline to perform services that you are not qualified to perform.
D. Make full written disclosure of any matter that presents potential conflict of interest. -
Answer B. Delegate more authority than he or she received from the board.
Scenario: A manager or management firm acquires an interest in a landscape company that is
eligible to do business with the association. Which DOESN'T qualify as a conflict of interest?
A. Management is responsible for maintaining landscaping in the associations common area.
B. Manager obtains authorization in writing from the board before requesting proposals from or
contracting with the landscape company
C. The manager receives a share of the profits earned by the landscape company.
D. The manager receives shares of profit from the nursery which sells supplies to the landscape
company. - Answer B. Authorization, in writing from Board prior to requesting proposal from
or contracting with
All of the following are steps that should be taken to disclose a conflict of interest, EXCEPT:
A. Even after full disclosure, avoid actions which may be perceived as a conflict of interest.
B. Obtain authorization from the board in writing before proceeding with any action.
C. Make full and complete written disclosure of all relevant facts to your board prior to any
dealings which may be a conflict of interest.
D Acting on behalf of the association after being terminated by the board. - Answer D. Acting
on behalf of the community association after being terminated by the board.
Answers.
The manager of a community association has a professional duty to do all of the following
except:
A. Disclose and account for anything of value he or she receives as a result of managing the
community association.
B. Delegate more authority than he or she received from the board only under extreme
situations.
C. Decline to perform services that you are not qualified to perform.
D. Make full written disclosure of any matter that presents potential conflict of interest. -
Answer B. Delegate more authority than he or she received from the board.
Scenario: A manager or management firm acquires an interest in a landscape company that is
eligible to do business with the association. Which DOESN'T qualify as a conflict of interest?
A. Management is responsible for maintaining landscaping in the associations common area.
B. Manager obtains authorization in writing from the board before requesting proposals from or
contracting with the landscape company
C. The manager receives a share of the profits earned by the landscape company.
D. The manager receives shares of profit from the nursery which sells supplies to the landscape
company. - Answer B. Authorization, in writing from Board prior to requesting proposal from
or contracting with
All of the following are steps that should be taken to disclose a conflict of interest, EXCEPT:
A. Even after full disclosure, avoid actions which may be perceived as a conflict of interest.
B. Obtain authorization from the board in writing before proceeding with any action.
C. Make full and complete written disclosure of all relevant facts to your board prior to any
dealings which may be a conflict of interest.
D Acting on behalf of the association after being terminated by the board. - Answer D. Acting
on behalf of the community association after being terminated by the board.
