Although the Ethics Codes of the Various Professional Organizations Have

question 5

Multiple Choice

Although the ethics codes of the various professional organizations have specific differences,some of the common themes include:

• A) being interested in the welfare of clients,avoiding harm and exploitation,and protecting client's confidentiality and privacy.
• B) practicing outside the scope of one's competence and utilizing mandatory ethics.
• C) avoiding discrimination of client ethnicity while providing minimal services.
• D) acting ethically responsible and focused on limiting professional sanctions.

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Definitions:

Finance Company

A business that provides loans to individuals or other companies, typically specializing in sectors like consumer finance, vehicle financing, or business loans.

SBA Express Program

A loan program offered by the U.S. Small Business Administration (SBA) that provides quicker financing solutions to small businesses with simplified paperwork.

Policy Loans

A loan made to a business by an insurance company, using the business’s insurance policy as collateral.

Cash Surrender Value

The amount of money an insurance policyholder can receive if they choose to terminate a policy before its maturity date.