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Some types of conflicts of interest include: Nepotism. ... Self-dealing. ... Gift issuance. ... Insider trading. ... Review the employee handbook. ... Attend business ethics training. ... Report conflicts of interest. ... Disclose.
For example, if Jenna is a manager at Great Bird Feeders but she is also freelancing on the side for their competitor Best Bird Feeders, she has a conflict of interest because she's splitting her loyalties between two competing companies.
To the best of my knowledge and belief any actual, perceived or potential conflicts between my duties as an employee and my private and/or business interests have been fully disclosed in this form in ance with the requirements of the [insert School name] Conflict of Interest Policy.
Because of the perception of a conflict of interest and in the interest of full transparency, I am disclosing my relationship with [insert company name and/or nature of IP] to my research team members and collaborators.
You may encounter a prospective client whose interests conflict with your personal interest. For example, a conflict would exist if you've invested in a business that the potential client would like to sue. A conflict would also likely exist if your client would like assistance divorcing a family member of yours.