Virginia Real Estate Exam Practice Question

Which of the following statement best describes law and ethics?

Correct Answer: D

Rationale: Option D accurately captures the distinction between law and ethics. Laws are formal rules established by governments to maintain order and protect citizens, while ethics are subjective principles shaped by individual conscience and societal values.

Option A is misleading; while laws do define illegal actions, ethics do not necessarily entail punishment.

Option B incorrectly suggests that ethics are universally consistent, when in fact they can vary widely among individuals and cultures, unlike laws which are standardized within jurisdictions.

Option C is incorrect because violating laws can lead to legal consequences, whereas ethical violations may result in social disapproval but are not legally punishable.

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