Which of the following is true about conflicts of interest?

a. A financial dimension must be present in order for it to be a conflict of interest.

b. Conflicts of interest increase the likelihood of bias.

c. A project must be funded by an external source in order for any conflicts of interest to be present.

d. Researchers are not permitted to have any conflicts of interest.

Question

Gracelyn Marquez

Business

3 April, 08:59

Which of the following is true about conflicts of interest?

a. A financial dimension must be present in order for it to be a conflict of interest.

b. Conflicts of interest increase the likelihood of bias.

c. A project must be funded by an external source in order for any conflicts of interest to be present.

d. Researchers are not permitted to have any conflicts of interest.

+2

Answers (1)

Know the Answer?

Emilia Roth · Answer 1

Answer: Option B

Explanation: In simple words, conflict of interest refers to a situation when a person have the power to make a certain decision from which he or she gets to have some special benefit.

Therefore, conflict of interest always results in the scope bias. As the individual in the power can use his or her position that can lead to benefit of him or loss of others or both.

Hence from the above we can conclude that the correct option is B.