Ethics

Question 1

What does RICS stand for?

Answer 1

Royal Institution of Chartered Surveyors

Question 2

True or False: The RICS Code of Conduct applies only to members of RICS.

Answer 2

True

Question 3

Fill in the blank: The RICS Code of Conduct sets out the _______ and standards of professional conduct.

Answer 3

principles

Question 4

What is the primary aim of the RICS Code of Conduct?

Answer 4

To promote and maintain the highest standards of integrity and professionalism.

Question 5

What must RICS members do if they face a conflict of interest?

Answer 5

They must disclose it and manage it appropriately.

Question 6

True or False: RICS members are required to maintain their professional competence.

Answer 6

True

Question 7

Fill in the blank: RICS members must provide a _______ service to their clients.

Answer 7

reliable

Question 8

What does professionalism in the context of RICS involve?

Answer 8

Adhering to ethical standards and demonstrating competence in practice.

Question 9

Multiple Choice: Which principle emphasizes the importance of honesty in RICS professional conduct? A) Professionalism B) Integrity C) Accountability D) Respect

Answer 9

B) Integrity

Question 10

What is required of RICS members regarding their fees?

Answer 10

They must ensure that their fees are transparent and reasonable.

Question 11

Fill in the blank: RICS members should promote _______ in their dealings with clients and colleagues.

Answer 11

fairness

Question 12

What is the role of the RICS disciplinary process?

Answer 12

To investigate breaches of the Code of Conduct and enforce compliance.

Question 13

What should RICS members do to ensure compliance with the Code of Conduct?

Answer 13

Regularly review and update their knowledge of the Code and its requirements.

Question 14

Fill in the blank: RICS members must act in the _______ of their clients.

Answer 14

best interest

Question 15

What does ‘accountability’ mean in the context of RICS professional conduct?

Answer 15

Being responsible for one’s actions and decisions in a professional context.

Question 16

What is the significance of the RICS Code of Conduct for public trust?

Answer 16

It helps to build and maintain public confidence in the profession.

Question 17

True or False: RICS members can accept gifts from clients without restrictions.

Answer 17

False

Question 18

Fill in the blank: RICS members are expected to communicate with _______ and clarity.

Answer 18

honesty

Question 19

What is the consequence of failing to adhere to the RICS Code of Conduct?

Answer 19

Disciplinary action which may include suspension or expulsion from RICS.

Question 20

Multiple Choice: Which of the following is a principle of professionalism according to RICS? A) Client loyalty B) Continuous improvement C) Competitive advantage D) Self-promotion

Answer 20

B) Continuous improvement

Question 21

What is the primary purpose of the Bribery Act 2010?

Answer 21

To prevent bribery and corruption in business and government.

Question 22

How many principles are outlined in the Bribery Act 2010?

Answer 22

Six principles.

Question 23

True or False: One of the principles of the Bribery Act is proportionality.

Answer 23

True.

Question 24

What does the principle of proportionality refer to in the Bribery Act 2010?

Answer 24

The response to bribery should be appropriate to the level of risk.

Question 25

Fill in the blank: The Bribery Act 2010 emphasizes the importance of _____ in preventing bribery.

Answer 25

leadership.

Question 26

What is meant by the principle of 'risk assessment' in the Bribery Act 2010?

Answer 26

Organizations must assess their exposure to bribery risks.

Question 27

Which principle of the Bribery Act focuses on maintaining a culture of integrity?

Answer 27

Culture.

Question 28

True or False: Transparency is one of the six principles of the Bribery Act 2010.

Answer 28

True.

Question 29

What does the principle of transparency entail?

Answer 29

Ensuring that anti-bribery policies and procedures are clear and accessible.

Question 30

List one of the six principles of the Bribery Act 2010.

Answer 30

Proportionality, leadership, risk assessment, culture, transparency, and monitoring.

Question 31

Which principle emphasizes the need for ongoing evaluation and improvement of anti-bribery measures?

Answer 31

Monitoring.

Question 32

What is the role of leadership according to the Bribery Act 2010 principles?

Answer 32

To promote an anti-bribery culture and set a good example.

Question 33

True or False: All organizations are required to follow the six principles of the Bribery Act 2010.

Answer 33

False. They are encouraged to follow them based on their size and risk.

Question 34

What does the principle of culture refer to in the context of the Bribery Act 2010?

Answer 34

Creating an environment where bribery is not tolerated.

Question 35

Fill in the blank: The Bribery Act 2010 encourages organizations to establish _____ policies.

Answer 35

anti-bribery.

Question 36

Which principle of the Bribery Act involves regular reviews of bribery risks?

Answer 36

Monitoring.

Question 37

What should organizations do as part of the risk assessment principle?

Answer 37

Identify and evaluate potential bribery risks.

Question 38

True or False: The Bribery Act 2010 does not require any documentation of anti-bribery measures.

Answer 38

False.

Question 39

How does the Bribery Act 2010 suggest organizations communicate their anti-bribery policies?

Answer 39

Through training and accessible documentation.

Question 40

Which principle requires that anti-bribery policies are suitable for the organization's size and complexity?

Answer 40

Proportionality.

Question 41

Fill in the blank: The Bribery Act 2010 promotes a _____ approach to bribery prevention.

Answer 41

risk-based.

Question 42

What is the relationship between transparency and accountability in the Bribery Act 2010?

Answer 42

Transparency fosters accountability in anti-bribery practices.

Question 43

List two outcomes organizations should aim for under the monitoring principle.

Answer 43

Improved anti-bribery measures and compliance with the law.

Question 44

What is the significance of establishing a culture of integrity according to the Bribery Act 2010?

Answer 44

It helps prevent bribery and promotes ethical behavior.

Question 45

What is the primary objective of the Bribery Act 2010?

Answer 45

To combat bribery and corruption in both public and private sectors.

Question 46

True or False: The Bribery Act 2010 applies only to acts of bribery committed within the UK.

Answer 46

False

Question 47

Fill in the blank: The Bribery Act 2010 defines bribery as offering, promising, or giving a ______ to another person.

Answer 47

financial or other advantage

Question 48

Which of the following is NOT a principle of the Bribery Act 2010? (A) Proportionality (B) Transparency (C) Integrity (D) Accountability

Answer 48

B) Transparency

Question 49

What are the two main types of bribery offenses under the Bribery Act 2010?

Answer 49

Bribery of another person and bribery of a foreign public official.

Question 50

What are the RICS rules of conduct?

Answer 50

RULE 1 - Members and firms MUST be honest and act with integrity. RULE 2 - Members and firms MUST maintain their professional competence and ensure that services are provided by competent individuals. RULE 3 - Members and firms MUST provide a good quality and diligent service. RULE 4 - Members and firms MUST treat other with respect and encourage diversity and inclusion. RULE 5 - Members of firms MUST act in the public interest tans take responsibility for their actions.