Any financial gain that accrues or is likely to accrue to the firm as a result of the engagement (other than properly earned fees, etc) will always amount to a significant conflict of interest.

Conflicts of interest or obligation

Which of the following is NOT a breach of the duty to avoid conflicts of interest? Select one: a. Diverting a business opportunity to a director personally. b. Getting a free holiday for signing a contract, on behalf of the company, with a supplier. c. Setting up a business in competition with the company. d. Not keeping track of the company’s financial position.

A conflict of interest may arise where there is a tension between a QUT student's personal interests and their university studies. Select 2 of the following examples that would be a conflict of interest: Group of answer choicesYou, as a student, have a private or freelance business interest that could be a competitor with an industry partner You, as a student, have a personal or family relationship with the person assessing you on your WIL placement or experienceYou, as a student, researched your WIL host organisation before commencing your placementYou, as a student, have made friends with your industry supervisor throughout your WIL experience

A conflict of interest isGroup of answer choicesa general disagreement between two or more individuals.when an employee spends company time working on a personal project.a disagreement between an employee and their manager.a conflict between an individual s personal interests and their professional obligations.

Evaluate the potential conflicts of interest in the power to compromise or make arrangements with creditors  A. There are no conflicts of interest, as the company's directors make all decisions independently.  B. Conflicts of interest may arise if the company's directors have personal relationships with the creditors.  C. Conflicts of interest are irrelevant, as the court has the final say in the approval process.  D. Conflicts of interest only occur if the creditors are also shareholders of the company.