1. You must examine and review three recent cases outlining breaches of professional ethics or standards in some area of real estate practice. For those interested in researching the Appraisal Institute of Canada, please note that AIC's policy is to not publicly disseminate results of professional ethics investigations, unless ordered by a disciplinary committee. However, other real estate associations or related organizations do publish disciplinary decisions related to breaches of professional ethics. The following are examples of organizations that publish this kind of information: BC Real Estate Council: www.canlii.org/en/bc/bcrec Law Society of BC: www.canlii.org/en/bc/lsbe Certified General Accountants of BC: www.bccpa.ca/members/regulatory/ethics-and-discipline/disciplinary-summaries/legacy-disciplinary-notices/discipline-summaries-of-cga-bc/archived-cga-be-disciplinary-summaries The cases you choose should be ideally reported from the disciplinary body, although court cases can be used, if necessary. (a) Prepare a brief write up on each of the three cases, including the following information (as best as possible, given available data): (20 marks) For each case, relate the relevant facts. Discuss the practical aspect of what transpired (e.g., transferred trust funds, etc.). State the ethical breach which occurred as a result of the acts undertaken. . Discuss factors taken into account by the disciplinary committee, hearing officers, Benchers, etc. Was stare decisis followed? Discuss. Discuss the relevant legislation or regulation involved. Discuss the similarities and differences of the three cases regarding the offences, persons, and sentences or outcomes. (5 marks) Explain vicarious liability and discuss who could be held liable for any losses that might occur relating to this principle. Make reference to all relevant legislation in your answer. If any of the professional ethics cases that you chose above relate to employees or include employee issues, please include reference to those cases in your answer. (5 marks)