The Conduct Section of the ETHICS RULE states, in part, that an appraiser must perform assignments with which characteristics?

• A. Honesty, transparency, and cooperation
• B. Confidentiality, loyalty, and speed
• C. Impartiality, transparency, and competence
• D. Impartiality, objectivity, and independence

Answer: (D)

The main idea being tested is how an appraiser must conduct assignments under the Ethics Rule: with impartiality, objectivity, and independence. Impartiality means the appraiser avoids bias and personal interests that could sway judgment. Objectivity means conclusions are based on verifiable evidence and logical reasoning, not feelings or preferences. Independence means the appraiser works without being influenced by relationships, pressures, or conflicts of interest that could compromise judgment. Together, these qualities preserve the credibility and reliability of the appraisal.

The other options mix in important concepts (like honesty, confidentiality, competence) but don’t capture the exact trio required in the Conduct section. One option uses transparency and speed, another replaces independence with transparency, and another adds loyalty or competence, which aren’t the specific combination the rule calls for.