Landman Ethics & Professional Conduct Flashcards
7 cards from real CPL practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Landman Ethics & Professional Conduct flashcards as text
A landman discovers during due diligence that a prior lease was obtained through misrepresentation by the company they now work for. What is the ethical course of action?
Answer: Report the issue internally and recommend remediation, escalating externally if necessary
Discovering prior misconduct requires the landman to report it through proper channels and recommend remediation, escalating if internal channels fail.
Which factor is MOST relevant in evaluating whether a landman has met the professional standard of care?
Answer: Whether the landman exercised the skill and diligence of a reasonably competent professional
The standard of care is based on whether the landman acted with the competence and diligence of a reasonably skilled professional, not on the outcome.
Under AAPL guidelines, when a landman is unsure whether sharing certain information violates confidentiality, the safest course is to:
Answer: Withhold the information and consult with a supervisor or counsel before disclosing
When in doubt about confidentiality, a landman should withhold disclosure and seek guidance before acting.
What is the primary purpose of the AAPL's disciplinary process for members who violate the Code of Ethics?
Answer: To protect the integrity of the profession and the public by enforcing standards
The AAPL disciplinary process exists to uphold professional standards and protect the public and the profession's reputation.
A landman receives two competing offers for the same mineral tract from different clients. How should the landman ethically handle this situation?
Answer: Disclose the conflict to both clients and withdraw from one or both if consent is not obtained
Representing competing interests in the same transaction is a conflict that requires disclosure, and likely withdrawal from one assignment if consent is not given.
An employer instructs a landman to use aggressive negotiation tactics that include misleading statements to pressure mineral owners. The landman should:
Answer: Refuse to use deceptive tactics and communicate ethical objections to the employer
Ethical obligations prohibit deceptive conduct regardless of employer instructions; the landman must refuse and escalate if necessary.
Which of the following is an example of a landman maintaining professional integrity after leaving a company?
Answer: Declining to disclose confidential information from a former client to the new employer
Post-employment confidentiality obligations require a landman to protect former client information from disclosure to subsequent employers.