CPCU Ethics Exam Study Guide Questions with 100% Correct Answers | Verified | Latest Update

CPCU Ethics Exam Study Guide Questions with 100% Correct Answers | Verified | Latest Update Ethical behavior is based on - reasoned consideration of all issues surrounding a conflict Morality is - universal and basic to human relationships Maintaining high ethical standards is best associated with - knowledge of law and regulations The Sarbanes-Oxley federal law requires that publicly traded companies identify principal ethics officers, create anonymous hotlines for reporting unethical behavior, and - establish codes of ethics. Enforceable components of the CPCU Code of Professional Conduct are the - Guidelines and Rules. Lloyd is a commercial property underwriter at Insurance Company (IC). Two years ago, he completed his studies and obtained the CPCU designation. Due to recent changes in workers compensation legislation in one of the states in which IC operates, the insurer has arranged for a one-day seminar to explain the changes and the impact they will have on underwriting and claim settlement. Considering Lloyd's obligations under the Code of Professional Conduct (the Code), which one of the following statements is correct? Choose one answer. A. Lloyd is required to complete any training made available by his employer. B. Because Lloyd has his CPCU, further training is considered unnecessary. C.