Are broad statements of the Code of Ethics principles?
Articles of the Code of Ethics are broad statements of ethical principles and the Standards of Practice support, interpret and amplify the respective Articles.
What are arbitration hearings based on?
If a dispute is not resolved through mediation and the Grievance Committee finds the dispute arbitrable, a hearing panel decides which party is entitled to the disputed funds by conducting a full due process hearing.
What is the standard of proof in an Ethics hearing?
The burden of proof rests on the Complainant to prove that the Code of Ethics has been violated. The standard of proof that must be met is “clear, strong, and convincing” defined as “that measure or degree of proof which will produce a firm belief or conviction as to the allegations sought to be established.
Which statement about the Preamble to the Code of Ethics is correct?
Correct Answer: Sets out aspirational ideals that REALTORS® should strive to attain. The Preamble to the Code is the aspirational basis for the ethical concepts that REALTORS® believe in. Included are the core concepts of honesty, integrity, fairness, and moral conduct in business relations.
Which article of the Code pertains to ensuring that agreements are in writing?
From this simple idea, Article 9 specifies what REALTORS® must do in every transaction: Assure, whenever possible, that agreements are in writing, In clear and understandable language, Expressing the specific terms, conditions, obligations and commitments of the parties, and.
What are the main categories of the code of ethics?
The main types of codes of ethics include a compliance-based code of ethics, a value-based code of ethics, and a code of ethics among professionals. A focus on climate change has become an integral part of companies’ codes of ethics, detailing their commitment to sustainability.
What is an arbitration statement?
When a personal injury claim proceeds to the lawsuit stage, the arbitration is an essential part of the legal process. An arbitration statement is a compilation of evidence such as medical bills, injury information, and documentation of lost wages.
Where are arbitration proceedings conducted?
Arbitration & Conciliation Centre – Bengaluru (Domestic & International) (www.arbitrationcentreblr.org), an initiative of the High Court of Karnataka.
What are the Code of Ethics?
A code of ethics is a guide of principles designed to help professionals conduct business honestly and with integrity. A code of ethics, also referred to as an “ethical code,” may encompass areas such as business ethics, a code of professional practice, and an employee code of conduct.
What does procuring cause mean?
The procuring cause in real estate consists of the actions made by a real estate agent that caused the buyer to purchase the home. If you chose to work with multiple agents or switched agents partway through a sale, there may be a dispute regarding procuring cause.
How many licensors are there in the world?
The Top 125 Global Licensors accounted for about $165 billion in retail sales of licensed products representing almost 90 percent of the total market of $187.2 billion worldwide.
Who is the publisher of license Global magazine?
Published by the Global Licensing Group, License Global magazine is the leading news source for the brand licensing industry, delivering award-winning editorial content including news, trends, analysis and special reports about the global consumer product and retail marketplace.
Who are the top licensing agencies in the world?
This year, License! Globalhas also expanded once again its listing of the top licensing agencies to 25, adding Global Icons, Bravado, CKx Entertainment, Creative Artists Agency and Nancy Bailey & Associates. The exclusive report features the world’s leading brands and companies that will build strategic partnerships and help drive growth at retail.
What do you need to know about international business licensing?
KEY Points. Licensing is a business agreement involving two companies: one gives the other special permissions, such as using patents or copyrights, in exchange for payment. An international business licensing agreement involves two firms from different countries, with the licensee receiving the rights or resources to manufacture in…