A situation in which a person is in a position to derive personal benefit from actions or decisions made in their official capacity, is called:
Suggested Answer: A
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The interests of your employer / official position (for example, to award a contract to the most suit-able bidder) may be in conflict with your personal interests (for example, to line your pockets to live more comfortably). Hence 'conflict of interest'.
37 comments · newest first
EM
Emerson
11 months ago
Conflict resolution is different, just to clarify.
FR
Fredric
11 months ago
I thought it was called shared interests, but I guess not!
YU
Yuriko
12 months ago
Wait, are we sure it's not something else?
KA
Katie
12 months ago
Totally agree, it's all about conflicts of interest!
JE
Jettie
1 year ago
It's definitely called a conflict of interest.
LA
Lakeesha
1 year ago
I feel like I’ve seen “double indemnity” in a different context, maybe in insurance? It doesn’t seem right for this question though.
HO
Hoa
1 year ago
I’m torn between conflict of interest and conflict resolution. They both seem relevant, but I think the first one fits better.
TW
Twana
1 year ago
I remember discussing something similar in class. Isn’t it called a conflict of interest when someone benefits personally from their decisions?
RO
Ronnie
1 year ago
I think this is about conflicts of interest, but I’m not 100% sure. It sounds familiar from our last practice quiz.
DA
Daniela
1 year ago
Okay, let me break this down step-by-step. A conflict of interest involves personal benefit from official decisions, so that has to be the right answer.
RO
Roslyn
1 year ago
I'm not totally sure what "double indemnity" or "double whammy" mean in this context. I'll have to eliminate those and focus on the more relevant options.
CI
Ciara
1 year ago
Conflict of interest is the obvious choice here. I remember learning about that in class, so I'm confident I can get this one right.
AJ
Aja
1 year ago
Hmm, I'm a bit unsure about this one. The options seem similar, so I'll need to read them carefully and think through the differences.
CO
Cordelia
1 year ago
This looks like a straightforward question about conflicts of interest. I'll focus on understanding the key terms and identifying the best answer.
LA
Lashawn
2 years ago
Conflict of interest, easy peasy. Did they really think we'd fall for 'double indemnity'?
VA
Valda
2 years ago
Shared interests? What is this, group project time?
BE
Ben
2 years ago
I'm going with A, can't go wrong with the classic conflict of interest.
MA
Mary
2 years ago
B) Shared interests
AR
Arlene
2 years ago
Good choice, it's important to recognize when there's a conflict of interest.
DA
Dana
2 years ago
A) Conflict of interest
CE
Ceola
2 years ago
I agree with Cecilia, A) Conflict of interest makes the most sense in this situation.
CE
Cecilia
2 years ago
I think it's A) Conflict of interest because it involves personal benefit.
HE
Hershel
2 years ago
A) Conflict of interest
ST
Stephen
2 years ago
Haha, 'double whammy'? That's a new one, they're really grasping at straws here.
BE
Ben
2 years ago
Definitely conflict of interest, can't believe they're trying to trick us with all these other options.
JU
Justa
2 years ago
Conflict resolution is different from conflict of interest.
VI
Vicente
2 years ago
E) Conflict resolution
LU
Luis
2 years ago
No, it's not shared interests. It's a conflict of interest.
DU
Dusti
2 years ago
B) Shared interests
SU
Suzan
2 years ago
I agree, it's definitely a conflict of interest.
GE
German
2 years ago
A) Conflict of interest
HE
Herminia
2 years ago
Conflict resolution is different from conflict of interest.
VI
Vi
2 years ago
E) Conflict resolution
LU
Luke
2 years ago
No, it's not shared interests. It's a conflict of interest.
PO
Polly
2 years ago
B) Shared interests
GO
Goldie
2 years ago
I agree, it's definitely a conflict of interest.
KA
Kate
2 years ago
A) Conflict of interest