Question
1. What is the difference between an ethical temptation and an ethical dilemma? a) Conflict between the planners interest and the clients interest is a
1. What is the difference between an ethical temptation and an ethical dilemma? a) Conflict between the planners interest and the clients interest is a temptation, whereas an ethical dilemma there is a conflict between the planner and the clients interest, as well as a situation in which there are good reasons for both acting and not acting in a certain way. b) Conflict between the planners interest and the clients interest is a temptation, whereas an ethical dilemma there is a conflict other than between the planner and the clients interest, as well as a situation in which there are good reasons for both acting and not acting in a certain way. c) Conflict between the planners interest and the clients interest is an ethical dilemma, whereas an ethical temptation is a conflict other than between the planner and the clients interest, as well as a situation in which there are good reasons for both acting and not acting in a certain way. d) All of the above |
2. The common areas where ethical issues might arise in estate planning are: a) How a client chooses to provide for their beneficiaries b) A client who chooses to leave money to the estate planner. c) Compensation, confidentiality and conflicts of interest d) All of the above |
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