Code of Ethics
This course covers the standards of conduct and ethical judgment by addressing the different concepts that contribute to ethical business practices. This course will introduce the student to ethics and morals by defining both terms in order to distinguish differences between the two. The student will also learn the four approaches to ethical decision-making; therefore, after learning the Articles and Standard Practices of the NAR® Code of Ethics, the student will be able to use the model identify any violations of the Code.
- Course Delivery Online Interactive
- Credit Hours 6 hours
- Credit Type Ethics and Standards of Conduct
- Skill level All levels
- Language English
- Maximum students 1000
Upon completion of this course, the student will be able to:- Identify the definition of ethics used in this course.- Briefly describe the four business ethics approaches used in this course.- List major categories of the Articles of the NAR® Code of Ethics.- Describe the structure of the NAR® Code of Ethics and its supporting materials.- Identify at least two aspirational concepts in the Preamble to the NAR® Code of Ethics, describe the concept of general business ethics and identify how the Code of Ethics compares and contrasts with the concept of general business ethics.- Describe the concepts of at least two of the following Articles of the Code of Ethics Articles 1, 2, 3, 9, 11, 12, 16, and 17.- Identify possible violations of the NAR® Code of Ethics given interactive learning methods such as case studies, quizzes, role playing and group discussion of fact scenarios.- Briefly describe the professional standards enforcement process of a local board or association.- Differentiate between intentional fraud, negligent misrepresentation and negligence.- List the three violations of antitrust laws price fixing, group boycotts and market allocations.- Describe how the existence of and adherence to the NAR® Code of Ethics is good for the real estate profession.