An Employee Has a Conflict of Interest When He (She)

question 27

True/False

An employee has a conflict of interest when he (she) has a financial interest (direct or indirect) in a company with which the employer does business.

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Definitions:

Market Value

The prevailing rate at which a good or service is available for purchase or sale on the open market.

Market Value

The present rate at which one can buy or sell an asset or service on the open market.

Property Taxes

Taxes assessed on real estate by the local government, calculated as a percentage of the property's value.

Tax Rate

The proportion of income that the government taxes an individual or company.