What does "conflict of interest" refer to in professional ethics?
Show Hint
- A situation where two professionals disagree
- A conflict between ethics and laws
- A situation where personal interests conflict with professional duties
- A situation involving legal disputes
The Correct Option is C
Solution and Explanation
Step 1: Define conflict of interest.
A conflict of interest arises when a professional's personal gains or relationships clash with their professional obligations.
Step 2: Application.
Such conflicts can bias decisions and undermine fairness.
Step 3: Conclusion.
Thus, option (3) is correct.
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