All of the Following Situations Reflect a Possible Conflict of Interest

question 51

Multiple Choice

All of the following situations reflect a possible conflict of interest except:

• A) A CEO offers a contract to a friend without checking competing bids.
• B) A CEO hires a relative for a company position although another candidate is more qualified.
• C) A manager buys a piece of realty that would be suitable for a planned company project.
• D) A CEO takes a cut in pay to decrease company overhead.

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Definitions:

Dollars

The official currency of the United States, also used in other countries as an official or de facto currency.

Merchandise Trade

involves the import and export of goods between countries without including services, focusing on physical products.

Trade Deficit

A situation where a country's imports exceed its exports during a specific period of time.

Welfare Rolls

A term referring to the list or number of individuals receiving welfare benefits provided by the government.