Ontario Mortgage Agent Practice Exam

Ethics refers to the moral principles that govern a person's behavior and decision-making. It is the process of applying these principles to daily conduct in the mortgage industry, ensuring that practitioners uphold the values and standards of the industry. The options of A, B, and C are incorrect as they do not directly relate to the core values of the mortgage industry. While decision making, mortgage investment corporations, and PIPEDDA consent are all important concepts in the industry, they do not specifically address the moral and ethical responsibilities of practitioners. Therefore, D is the correct answer as it directly relates to the central concept described in the question.