ETHICS 311 EXAM LATEST
When considering an ethical dilemma from a situation-based
perspective, which one of the following best explains the process used in
making the decision?
Selection and application of a rule or regulation that may apply
Analysis of who will be helped and who will be hurt by the decision
Consideration of possible outcomes from another's perspective
Consideration of whether the method for reaching a decision is fair -
ANSWERS-Analysis of who will be helped and who will be hurt by the
decision
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
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, ETHICS 311 EXAM LATEST
D. Realizing that the scouts are a not-for-profit organization to which no
ethical duty is owed. - ANSWERS-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. - ANSWERS-False
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. - ANSWERS-D. Internalize
everything learned.
To violate Canon 3- Legal conduct, an insurance professional's act must
be illegal (t/f) - ANSWERS-False
Ann has developed an educational program for a local civic organization
about insurance and risk management issues related to flood situations.
END OF
PAGE 2
When considering an ethical dilemma from a situation-based
perspective, which one of the following best explains the process used in
making the decision?
Selection and application of a rule or regulation that may apply
Analysis of who will be helped and who will be hurt by the decision
Consideration of possible outcomes from another's perspective
Consideration of whether the method for reaching a decision is fair -
ANSWERS-Analysis of who will be helped and who will be hurt by the
decision
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
END OF
PAGE 1
, ETHICS 311 EXAM LATEST
D. Realizing that the scouts are a not-for-profit organization to which no
ethical duty is owed. - ANSWERS-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. - ANSWERS-False
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. - ANSWERS-D. Internalize
everything learned.
To violate Canon 3- Legal conduct, an insurance professional's act must
be illegal (t/f) - ANSWERS-False
Ann has developed an educational program for a local civic organization
about insurance and risk management issues related to flood situations.
END OF
PAGE 2
