Ethics 312 - & the CPCU Code of Professional Conduct 2023 questions and complete answers

Applicants - correct answer CPCU student who has submitted a matriculation form that hasn't yet been approved Matriculation - correct answer process of registering as a CPCU candidate Candidates - correct answer CPCU student whose matriculation application has been approved Designees - correct answer person who's earned CPCU designation, regardless of whether he/she has officially become a CPCU (waiting for conferment may also be referred to as CPCUs) CPCUs - correct answer person who currently holds the CPCU designation Canons - correct answer broad aspirational goals of CPCU conduct, establish standards of professional conduct. They also express the general concepts and principles from which the more specific Rules are derived. Rules - correct answer specific, enforceable standards that prescribe minimum levels of required professional CPCU conduct, mandatory and enforceable because sanctions may be imposed on any CPCU or candidate found guilty of a Rule violation. Advisory Opinions - correct answer written interpretation of CPCU code of professional conduct provided by board of ethical inquiry Board of Ethical Inquiry (BEI) - correct answer eight-member board, chaired by the Ethics Counsel, responsible for implementing, establishing & approving CPCU ethics policy. Ethics Counsel - correct answer chair of board BEI who receives written complaints of ethical violations, investigates complaints & presents facts to BEI for consideration & communicates BEI recommendations to Ethics Policy committee of board of trustees of american institute for CPCU & delivers verdicts