Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

What term refers to a rule or principle adopted by a professional organization to guide conduct?

1. Code of Conduct

2. Policies

3. Cannons

4. Guidelines

The correct answer is: Cannons

The term that refers to a rule or principle adopted by a professional organization to guide conduct is "Code of Conduct." This term encompasses a formalized set of guidelines that articulate the ethical standards and expectations for the behavior of members within the organization. It serves as a framework for making decisions and resolving conflicts in a manner that is consistent with the values of the profession. While policies define specific operational procedures and can guide actions, they are generally broader and may not directly address ethical conduct. Guidelines provide advice or suggestions but lack the authoritative requirement associated with a code. "Cannons" is not a recognized term in this context; it might have been an attempt to refer to "canons," which are often principles in ethical standards, but it is not the most accurate answer in this context. Therefore, the most appropriate and widely recognized term that indicates a formal set of rules governing professional behavior is the "Code of Conduct."