- CFA Exams
- CFA Exam: Level I 2021
- Study Session 1. Ethical and Professional Standards
- Reading 1. Ethics and Trust in the Investment Profession
- Subject 5. Ethical vs. Legal Standards
CFA Practice Question
In Reading 1, "civil disobedience" (e.g., peaceful protest) is referred to as an example of what may be ______ behavior that some consider to be ______.
A. legal, unethical
B. illegal, ethical
C. legal, ethical
Explanation: Some ethical behavior may be illegal.
User Contributed Comments 2
| User | Comment |
|---|---|
| stevenseb | How are peaceful protests considered illegal? |
| Kiniry | Civil disobedience is illegal by definition- it's the refusal to follow unjust laws. |