Question: The Code of Ethics is based on the concept of:

Answer: c. “Let the Public be served.”

Question: REALTORS®:

Answer: d. A and B only.

Question: When the Code of Ethics was adopted:

Answer: c. there were no real estate licensing laws.

Question: The Code of Ethics was adopted to establish standards of conduct for the real estate industry.

Answer: a. True

Question: The Golden Rule is quoted in the Code’s Preamble.

Answer: a. True

Question: A listing broker should:

Answer: c. suggest a listing price based on comparable market data.

Question: The Code of Ethics protects:

Answer: a. the buying and selling public.

Question: The Code of Ethics has three major sections:

Answer: b. Duties to Clients and Customers¸ Duties to the Public¸ and Duties to REALTORS®.

Question: Article 2 prohibits exaggeration, misrepresentation, or concealment of pertinent facts.

Answer: a. True

Question: Who can file an ethics complaint against a REALTOR®?

Answer: c. Both A and B.