When someone says 'there is a conflict of interest...' what are they referring to?
2006-07-03 13:44:46 · 6 answers · asked by gokart121 6 in Politics & Government ➔ Other - Politics & Government
A conflict of interest is a situation in which someone in a position of trust like a politician or CEO of a corporation, has competing professional or personal interests. Such competing interests can make it difficult to fulfill his or her duties impartially. Even if there is no evidence of improper actions, a conflict of interest can create an appearance of impropriety that can undermine confidence in the ability of that person to act properly in his/her position
2006-07-03 13:48:27 · answer #1 · answered by Juan C 2 · 2⤊ 0⤋
conflict of interest means you have a vested interest with either of the parties making it biased or favorable to the other party. as an example. you go before a judge in a civil case. the attorney is related, its conflict of interest as favortism could be involved. the company your sueing the judge owns stock, conflict as being a share holder it gives him inside information and stock could go up or down. financial investors owning stock in companies can't refer to those companies as they are share holders.
2006-07-03 20:53:19 · answer #2 · answered by hollywood71@verizon.net 5 · 0⤊ 0⤋
well from experience, my bf met some girl at work he fell in love with and we were going to break up but it did not happen. things did not go right with this girl. the conflict of interest meant they work together in the same group and he is in a higher position than her (she reports to him) and it would be a conflict for them to be together because of the work situation and favoritism.
2006-07-03 20:49:50 · answer #3 · answered by HOTCHERRY00 1 · 0⤊ 0⤋
hmmm...I assume you are talking on a political or government level...A conflict of interest is when the advocate (or advesary for that matter) of a certain person, idea, or situation's outcome can possibly gain leverage because of that person's relationship to the other person ( or persons) that are involved directly with the problem at hand.
2006-07-03 21:01:24 · answer #4 · answered by Melissa B 4 · 0⤊ 0⤋
When someone cannot legally, ethically, or rightfully fulfill their obligations because of other interests.
Ie: a lawyer cannot defend and prosecute the same person...cannot represent their own interests in court under some other concept, etc.
2006-07-03 20:48:45 · answer #5 · answered by loubean 5 · 0⤊ 0⤋
It usually refers to a situation like a fox being appointed to guard the hen-house. As soon as your back is turned, he eats the chickens.
2006-07-03 21:05:05 · answer #6 · answered by correrafan 7 · 0⤊ 0⤋