The ________ section of the ETHICS RULE states an appraiser must not accept an assignment that is contingent on the amount of a value opinion.

The ________ section of the ETHICS RULE states an appraiser must not accept an assignment that is contingent on the amount of a value opinion.

• A. Conduct
• B. Integrity
• C. Management
• D. Competency

Answer: (C)

This item tests how the ETHICS RULE handles engagement and fee arrangements to prevent bias in the appraisal process. The prohibition on accepting an assignment that is contingent on the amount of the value opinion lives in the management section because it deals with how the appraisal practice is run—specifically, how fees are structured and how assignments are accepted. Why this is the best fit: tying the acceptance or compensation of an assignment to the actual value opinion creates pressure to produce a desired result, which can undermine independence and objectivity. The management section covers these kinds of business practices to safeguard impartiality and trustworthy outcomes. To contrast briefly, conduct concerns behavior during the assignment, integrity focuses on honesty and avoiding misrepresentation, and competency ensures the appraiser has the necessary skill. None of those directly address how the engagement is structured or compensated, which is why the statement belongs to management.

This item tests how the ETHICS RULE handles engagement and fee arrangements to prevent bias in the appraisal process. The prohibition on accepting an assignment that is contingent on the amount of the value opinion lives in the management section because it deals with how the appraisal practice is run—specifically, how fees are structured and how assignments are accepted.

Why this is the best fit: tying the acceptance or compensation of an assignment to the actual value opinion creates pressure to produce a desired result, which can undermine independence and objectivity. The management section covers these kinds of business practices to safeguard impartiality and trustworthy outcomes.

To contrast briefly, conduct concerns behavior during the assignment, integrity focuses on honesty and avoiding misrepresentation, and competency ensures the appraiser has the necessary skill. None of those directly address how the engagement is structured or compensated, which is why the statement belongs to management.