Which Organization's Code of Ethics Serves as a Model for U.S.firms

question 61

Multiple Choice

Which organization's code of ethics serves as a model for U.S.firms and PR professionals?

• A)Page Society
• B)IABC
• C)CPRS
• D)PRSA

---

Definitions:

Reasonable Expenses

Costs that are deemed necessary and appropriate under given circumstances, often in a legal or business context.

Junior Lienholders

Creditors who have claims on a property that are ranked below other debts in terms of repayment priority in case of default.

Collateral

A form of security provided by the borrower to the lender, consisting of property or assets, that can be taken possession of should the borrower fail to repay the loan.

Unconscionability

describes a situation where a contract or clause is so unfair to one party that no reasonable or informed person would agree to it.