The Code of Ethics is divided into three major sections. What are they?
Understand the Problem
The question is asking for the three major sections of the Code of Ethics, with multiple choice options provided to choose from. It assesses knowledge of the topic.
Answer
B: Duties to Clients and Customers, Duties to the Public, and Duties to REALTORS®.
The final answer is B: Duties to Clients and Customers, Duties to the Public, and Duties to REALTORS®.
Answer for screen readers
The final answer is B: Duties to Clients and Customers, Duties to the Public, and Duties to REALTORS®.
More Information
The sections in question are from the National Association of Realtors® (NAR) Code of Ethics, which outlines professional conduct for real estate practitioners.
Tips
Confusion can arise from similar wording or terms like 'licensees' instead of 'REALTORS®.'
Sources
- Code of Ethics at a glance | Resources | AICPA & CIMA - aicpa-cima.com
- Summary of the NAR Code of Ethics | Berxi™ - berxi.com
- NAR's Code of Ethics (2024)- What Is It and Who Must Follow It? - houzeo.com
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