Agreements That Create a Conflict Between a Public Employee's Personal

question 49

True/False

Agreements that create a conflict between a public employee's personal interest and public duties are illegal and contrary to public policy.

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Definitions:

Rate of Return

The profit or deficit incurred on an investment during a specific timeframe, represented as a proportion of the initial investment value.

Account

An account typically refers to a record or statement of financial transactions pertaining to a specific financial instrument, individual, or institution.

Compounded Annually

refers to the process where interest earned on an investment is added to the principal sum at the end of each year, with each subsequent interest calculation based on the previous year's total.