Podcast
Questions and Answers
What action must be taken by an individual who has a direct or indirect interest in a company doing business with Oldcastle Laboratories Ltd?
What action must be taken by an individual who has a direct or indirect interest in a company doing business with Oldcastle Laboratories Ltd?
- Discuss the conflict of interest with family members
- Ignore the conflict of interest
- Inform the Conflicts of Interest Officer (correct)
- Resign from the position at Oldcastle Laboratories Ltd
According to the declaration, who should be informed if a conflict of interest arises?
According to the declaration, who should be informed if a conflict of interest arises?
- Personal friends
- Family members
- Close relatives
- Conflicts of Interest Officer (correct)
What must an individual do if they have an official or private interest in a company dealing with Oldcastle Laboratories Ltd?
What must an individual do if they have an official or private interest in a company dealing with Oldcastle Laboratories Ltd?
- Make a declaration to the Conflicts of Interest Officer (correct)
- Contact the company directly
- Inform the media
- Ignore the situation
What is the specific duty that the individual must perform when they have a conflict of interest?
What is the specific duty that the individual must perform when they have a conflict of interest?
In the context of the declaration, why is it essential to declare any existing or potential conflicts of interest?
In the context of the declaration, why is it essential to declare any existing or potential conflicts of interest?
What is the significance of the individual's position and name on the conflict of interest declaration form?
What is the significance of the individual's position and name on the conflict of interest declaration form?
Flashcards are hidden until you start studying
