What Does the Model Code Recommend Regarding "Entertainment and Gifts

question 373

Multiple Choice

What does the Model Code recommend regarding "entertainment and gifts"?

• A) Management should monitor the form, frequency and cost of entertainment and gifts dealers receive, have a clearly articulated policy towards the giving/receipt of gifts and ensure the policy is enforced.
• B) As gifts and entertainment may be offered in the normal course of business, employees can offer inducements to conduct business and solicit them from the personnel of other institutions.
• C) Although management should not monitor the form, frequency or cost of entertainment/gifts dealers receive, they may have a policy towards the giving/receipt of gifts and ensure the policy is enforced.
• D) Gifts or entertainment should never be offered in the normal course of business, and employees must never offer any inducements to conduct business, nor solicit them from other institutions.

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Definitions:

Concentration Gradient

A variation in the concentration of a substance across a distance, leading to the movement of particles from an area of high concentration to one of lower concentration.

Carrier Molecules

Proteins that facilitate the transport of substances across a cell membrane without modification of the transported substance.

Facilitated Diffusion

A transport process where molecules pass across cell membranes through protein channels without the expenditure of cellular energy.

Active Transport

The movement of substances across cell membranes against a concentration gradient, requiring energy expenditure by the cell.