Florida Insurance Claims Adjuster License Practice Exam

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The term ethics in professional context refers to?

  1. Penalties for misconduct

  2. Service to others, personal respect, and proper mode of conduct

  3. The law governing business practices

  4. Financial accountability

The correct answer is: Service to others, personal respect, and proper mode of conduct

In a professional context, ethics refers to principles and values that guide appropriate behavior and decision making. Option A is incorrect because ethics is not just about penalties, but rather performing actions out of moral obligation. Option C is incorrect because it is only one aspect of ethics, as there are also moral and personal values involved. Option D is incorrect because financial accountability is just one aspect of ethical conduct, but it does not encompass the entire concept of ethical behavior.