How the ethical canon governing professional relationships

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Problem: Mark is a commercial insurance producer at Insurance Brokers. One of his clients is Hardware Store (HS). Mark has arranged property, liability, and business interruption coverage for HS. One of Mark's friends, George, owns another hardware store in town that competes directly with HS. During a golf game, Mark and George start chatting about the hardware business and Mark discloses details about HS's financial statements and sales figures to George. Which one best describes how the ethical canon governing professional relationships of insurance professionals applies in this case?

Reference no: EM133650239

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