List and Describe the Six Ethical Principles and Code of Conduct

question 10

Essay

List and describe the six ethical principles and code of conduct for psychologists.

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or other security, as stated by the issuer.

Premium

An amount paid periodically to the insurer by the insured for covering their risk or the amount by which a bond or stock sells above its face value.

Issue Price

The price at which new or existing securities are offered for sale to the public.

Premium on Bonds Payable

The amount by which a bond's selling price exceeds its principal (face value), reflecting higher-than-market interest rates or low risk.