One Low-Cost,effective Way of Eliminating or Reducing Conflicts of Interest

question 95

Multiple Choice

One low-cost,effective way of eliminating or reducing conflicts of interest in business relationships is to

• A)only deal with related parties.
• B)carefully specify mutual expectations in contract terms.
• C)use lawyers to negotiate all terms.
• D)use an arbitrator for all negotiations.

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Definitions:

Disease-Prone Personality

A theory suggesting that certain personality traits may make individuals more susceptible to developing specific diseases.

Long-Term Negative Feelings

Persistent negative emotions, such as sadness, anger, or frustration, that last over an extended period.

Chronic Positive Affect

A persistent state of positive emotional experience and mood over an extended period of time.

Theory Of Planned Behavior

Theory to explain how intentions predict behaviors.