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NEW QUESTION: 1
Scenario
An oil company is interested in building a refinery on several thousand acres of waterfront property that the company owns. The general plan classifies this area as recreational and residential. The oil company files a re-zoning application to change this area to a heavy industrial classification. The planning director opposes the rezoning amendment stating that the scenic area is a valuable natural resource. Assume that the planning agency acted legally in all respects (proper notice, etc.). However, the county commissioners approve the amendment.
A group of residents who live near the proposed refinery site take the case to court and subpoena the planning director to testify. The planning director provides some information to the citizens' group as they prepare their case and also testifies truthfully in court about the value of the property to the community. Under the AICP Code of Ethics, all the following are true about the behavior of the planning director EXCEPT:
A. The director exhibited a concern for the long-range consequences of the proposed land use changes.
B. The director was acting in an ethically responsible manner in trying to protect the integrity of the natural environment.
C. The director served the public interest by providing information to citizens preparing their case.
D. The director should not have testified in court. The Code of Ethics requires planners to accept the decisions of their employers.
Answer: D
Explanation:
Explanation
See Ethical Principle 1, Rules of Conduct 1 and 25. Members of AICP must comply with the law.
NEW QUESTION: 2
生命保険事業との関係において、第三欧州指令は、加盟国が取引関係が確立された後、どのイベントの前に受益者の身元確認を保険の下で許可することができると述べています。
A. 支払い時または支払い前、または受益者がポリシーに基づいて権利を行使しようとする前
B. 購入したポリシーのプレミアム支払いが受け入れられた時点またはその前
C. 保険会社が受益者に保険証書を発行する前または発行する前
D. ポリシーの下で確立される関係の30日前またはそれ以前
Answer: A
NEW QUESTION: 3
The greatest risk in energy derivatives trading comes from:
A. price volatility
B. interest rate risks
C. risk of default by derivatives' counterparties
D. hedging risk
Answer: A
Explanation:
Explanation
Energy derivative markets are still not very liquid, and experience high price volatility. This high volatility is responsible for most of the risk in these markets. Choice 'd' is the correct answer.
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