Ethics Flashcards

1
Q

RICS Mission Statement?

A

QES

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2
Q

RICS Principles of Better Regulation?

A

PACTT

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3
Q

New Rules of Conduct?

A

HCDRP

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4
Q

Professional Obligations of members?

A

CCI

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5
Q

Professional Obligations of firms?

A

CPLCIDR

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6
Q

Procedure for starting up new practice?

A

SROCPRD

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7
Q

Firm’s Annual Report to RICS?

A

TNTCPM

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8
Q

Put in place for handling client’s money?

A

SPSBOL

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9
Q

Complaints Handling Procedure?

A

RNRPS

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10
Q

Bribery; the 6 Principles of Prevention?

A

PTRDCM

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11
Q

Definition of negligence?

A

Failure to provide the duty of care that is owed to the client.

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12
Q

Purpose of PII?

A

To provide financial cover in the event a client suffers financial loss as a result of a breach of professional duty

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13
Q

Definition of Conflict of Interest?

A

Someone in a position of trust has competing personal or professional interests making it difficult for them to remain impartial.

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