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Conflicts of Interest

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Multiple Choice

What is a conflict of interest?

  1. A situation in which a person has a duty to act for the benefit of two or more parties with conflicting interests.
  2. A situation in which a person has a duty to act for the benefit of one party, but also has a personal interest that could potentially conflict with that duty.
  3. A situation in which a person has a duty to act for the benefit of one party, but also has a duty to act for the benefit of another party.
  4. A situation in which a person has a duty to act for the benefit of one party, but also has a duty to act for the benefit of themselves.