Ask Question
BusinessBusiness
18 March, 21:14

Which of the following is true about conflicts of interest?

a. A financial dimension must be present in order for it to be a conflict of interest.

b. Conflicts of interest increase the likelihood of bias.

c. A project must be funded by an external source in order for any conflicts of interest to be present.

d. Researchers are not permitted to have any conflicts of interest.

+1
Answers (1)
  1. 18 March, 22:31
    0
    Answer: Option B

    Explanation: In simple words, conflict of interest refers to a situation when a person have the power to make a certain decision from which he or she gets to have some special benefit.

    Therefore, conflict of interest always results in the scope bias. As the individual in the power can use his or her position that can lead to benefit of him or loss of others or both.

    Hence from the above we can conclude that the correct option is B.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is true about conflicts of interest? a. A financial dimension must be present in order for it to be a conflict of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Patrice (Haitian American and Christian) and Josh (White, Jewish American) have been in an interracial relationship for 6 months.
Answers (1)
Mrs. Lohan, age 64, plans to retire this December. She estimates that the balance in her IRA will be $86,500, which she plans to withdraw to finance the purchase of a condominium.
Answers (1)
A real estate investor researches 4-plex apartment complexes in a city and finds that from 2000 to 2012, the average price of the 4-plex is approximated by p (t) = 0.15e0.20t million dollars, where t is the number of years since 2000.
Answers (2)
Income Statement The revenues and expenses of Paradise Travel Service for the year ended May 31, 20Y6, follow: Fees earned $900,000 Office expense 300,000 Miscellaneous expense 15,000 Wages expense 450,000 Prepare an income statement for the year
Answers (1)
Inmates who attain sufficient reading and writing skills for functional literacy may increase the possibility of:
Answers (1)
New Questions in Business
Outline two reasons why the production of goods in an economy might rise, while productivity in the economy falls at the same time.
Answers (1)
A small company has 5000 shares. Lauren owns 200 of these shares. The company decides to split its shares. What is Lauren's ownership percentage after the split?
Answers (1)
What are the two facets of a mode of production according to E. K. Hunt? Define them.
Answers (1)
Assume that a risky security pays an average cash flow of $100 in one year. The risk-free rate is 5%, and the expected return on the market index is 13%.
Answers (1)
Jeremy is considering forms of business organization, including the limited liability company (LLC), for his concessions business-Kettle Popt-Korn. Most states require that an LLC have
Answers (1)
Home » Business » Which of the following is true about conflicts of interest? a. A financial dimension must be present in order for it to be a conflict of interest. b. Conflicts of interest increase the likelihood of bias. c.
Sign Up Forgot Password?