Ethics - Test 2

Question 1

Rule 1

Answer 1

1) Members & Firms must be honest , act with integrity and comply with personal obligations, including obligations to the RICS.

Question 2

Rule 2

Answer 2

2)Members & Firms must maintain their professional competence and ensure services are provided by competent individuals.

Question 3

Rule 3

Answer 3

3)Members & Firms must provide good quality and diligent service.

Question 4

Rule 4

Answer 4

4)Members & Firms must treat others with respect and encourage diversity.

Question 5

Rule 5

Answer 5

5)Members & Firms must act in the public interest, take responsibility for their actions & act to prevent harm and maintain confidence in the profession.

Question 6

What are the 3 mandatory obligations noted in Appendix A of the Rules of conduct for RICS Members?

Answer 6

1) To comply with CPD requirements 2) cooperate with the RICS 3) Promptly provide all info reasonably requested by the standards and regulation board or those exercising authority on its behalf

Question 7

Obligations for RICS Firms noted in Appendix A of the Rules of Conduct

Answer 7

1) CHP (noting ADR provider)
2) all current and previous work to be covered by PII cover
3) firms with a sole principal to have succession in place
4) cooperate with RICS
5)provide all info reasonably requested by the standards and regulation board
6)firms to display a designation to denote they are regulated
7)firms to report any matter required under the Rules for the registration of firms

Question 8

Obligations for RICS Firms noted in Appendix A of the Rules of Conduct

Answer 8

1) CHP (noting ADR provider)
2) all current and previous work to be covered by PII cover
3) firms with a sole principal to have succession in place
4) cooperate with RICS
5)provide all info reasonably requested by the standards and regulation board
6)firms to display a designation to denote they are regulated
7)firms to report any matter required under the Rules for the registration of firms

Question 9

What are the steps in the Ethics decision tree?

Answer 9

1) do I have enough facts on the issue?
2) is it legal?
3) is it in line with the rules of conduct?
4) have you consulted appropriate people to make an informed decision ?
5)clear reasoning for your decision?
6)is your decision informed ?
7) would you be happy for this to be published?
8) decide the action and reflect / record