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ETHICS 311 EXAM 2025 BRAND NEW
ACTUAL EXAM WITH ANSWERS.
Burt's young son belongs to a scouting organization. A father of a
fellow scout has volunteered to be the group's treasurer. Burt, as
a bond underwriter, knows from an application he had rejected
that the other father had been in trouble for embezzlement, but
Burt's employer has a policy against disclosing publicly that which
is learned in the course of underwriting. Burt is contemplating
whether he should reveal to the scouts that which he knows. His
dilemma could probably be resolved by
A. Recognizing that the issue is one of practicality and not ethics.
B. Considering that his employer may someday want the rejected
account.
C. Analyzing whether any laws, regulations, or standards apply to
the situation
D. Realizing that the scouts are a not-for-profit organization to
which no ethical duty is owed. - correct answer -C. Analyzing
whether any laws, regulations, or standards apply to the situation
T/F While valuable, an organization's code of ethics cannot
protect it against a lawsuit. - correct answer -False
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Ariel is facing an ethical dilemma at work and is using a checklist
for ethical decision making to help resolve it. At the end of his
experience, he should
Select one:
A. Avoid making a hard decision.
B. Find that some problems cannot be solved.
C. Find that there is a rule for everything.
D. Internalize everything learned. - correct answer -D. Internalize
everything learned.
To violate Canon 3- Legal conduct, an insurance professional's
act must be illegal (t/f) - correct answer -False
Ann has developed an educational program for a local civic
organization about insurance and risk management issues related
to flood situations. Which one of these canons is Ann
demonstrating? - correct answer -Canon 7-Public Education
Don has acquired a significant body of knowledge relating to
coverage for additional insureds. This knowledge, and his skill in
applying it, has resulted in significant new business for him and
his firm. To best comply with the ethical canon titled Maintaining
and Raising Professional Standards, Don should
ETHICS 311 EXAM 2025 BRAND NEW
ACTUAL EXAM WITH ANSWERS.
Burt's young son belongs to a scouting organization. A father of a
fellow scout has volunteered to be the group's treasurer. Burt, as
a bond underwriter, knows from an application he had rejected
that the other father had been in trouble for embezzlement, but
Burt's employer has a policy against disclosing publicly that which
is learned in the course of underwriting. Burt is contemplating
whether he should reveal to the scouts that which he knows. His
dilemma could probably be resolved by
A. Recognizing that the issue is one of practicality and not ethics.
B. Considering that his employer may someday want the rejected
account.
C. Analyzing whether any laws, regulations, or standards apply to
the situation
D. Realizing that the scouts are a not-for-profit organization to
which no ethical duty is owed. - correct answer -C. Analyzing
whether any laws, regulations, or standards apply to the situation
T/F While valuable, an organization's code of ethics cannot
protect it against a lawsuit. - correct answer -False
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Ariel is facing an ethical dilemma at work and is using a checklist
for ethical decision making to help resolve it. At the end of his
experience, he should
Select one:
A. Avoid making a hard decision.
B. Find that some problems cannot be solved.
C. Find that there is a rule for everything.
D. Internalize everything learned. - correct answer -D. Internalize
everything learned.
To violate Canon 3- Legal conduct, an insurance professional's
act must be illegal (t/f) - correct answer -False
Ann has developed an educational program for a local civic
organization about insurance and risk management issues related
to flood situations. Which one of these canons is Ann
demonstrating? - correct answer -Canon 7-Public Education
Don has acquired a significant body of knowledge relating to
coverage for additional insureds. This knowledge, and his skill in
applying it, has resulted in significant new business for him and
his firm. To best comply with the ethical canon titled Maintaining
and Raising Professional Standards, Don should
