- CFA Exams
- CFA Level I Exam
- Topic 10. Ethical and Professional Standards
- Learning Module 1. Ethics and Trust in the Investment Profession
- Subject 4. Ethical vs. Legal Standards
CFA Practice Question
Legal standards are often ______.
B. rule-based
C. action-based
A. principal-based
B. rule-based
C. action-based
Correct Answer: B
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