Sign In
Ask Question
Winston Walton
Law
23 February, 12:30
What is true about conflicts of interest?
+3
Answers (
1
)
Amirah Choi
23 February, 12:52
0
A conflict of interest can come in a situation where an individual has competing interests or loyalties because of their duties to more than one person or organization. A person with a conflict of interest can't do justice to the actual or potentially conflicting interests of both parties. For instance, if internal auditor, who is in a position of trust, has a competing professional or personal interest.
Another example is if a person have a loyalty to an employer and also loyalty to a family business. Each of these businesses expects the person to have its best interest first. Thus, the conflict.
Such competing interests can make it difficult to fulfill his or her duties impartially.
A conflict of interest exists even if no unethical or improper act results.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“What is true about conflicts of interest? ...”
in 📗 Law if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Mr. Hernandez wants his name on the ballot for the presidential election. Who is responsible for setting the guidelines Mr. Hernandez needs to follow? cross out A. the governor cross out B. the U. S. Congress cross out C.
Answers (1)
A system of government in which power is divided between the federal government and the many individual state governments
Answers (1)
Which of the following are formal classifications to serve to serve in the Senate? Select all that apply. ☐ must be at least 30 years old ☐ must be a U. S. citizen ☐ must have a law degree ☐ must have served in the military
Answers (2)
A Mutual fund in which no sales charge is paid by the individual investors called in
Answers (1)
1.1. In the article, we learn that those who are bullied are more likely to go on to commit crimes. Which theory recognizes that stressors like bullying contribute to the likelihood of a person committing a crime?
Answers (2)
New Questions in Law
True or false: Qualifying a lead involves confirming that the lead actually has a recognized need for the offering and the ability to pay for it. True False
Answers (1)
Which of the following is NOT a key economic question? a. What goods and services should be produced? b. How should these goods and services be produced? c. Who consumes these goods and services? d.
Answers (1)
Court cases involving child adoption fall under which jurisdiction? A Criminal Law B Civil Law C Administrative Law D Constitutional Law
Answers (1)
Which clause in a deed states the interest that is being conveyered?
Answers (1)
An accounting report that shows the changes in capital during the accounting period is a/an
Answers (1)
Home
»
Law
» What is true about conflicts of interest?
Sign In
Sign Up
Forgot Password?