The Interpretations Related to the Rules Governing Objectivity or Independence

question 14

Multiple Choice

The interpretations related to the rules governing objectivity or independence allow

• A)A member to hold a material indirect interest in a client.
• B)A member to finance a home mortgage with a client if the mortgage is made under the client's normal lending procedures and terms.
• C)A member's spouse to hold a position as a director of a client of a member.
• D)A member to serve as a trustee of the pension fund of a client.

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Definitions:

Normal People

An imprecise term often used to describe individuals who conform to societal norms or average standards in behavior, appearance, or ability.

Social Psychologists

Scientists who study how people’s thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Obedience

A form of social influence where an individual follows the directives of an authority figure or the rules of society.

Norms

accepted standards or expectations that regulate behavior within a group or society.