A conflict of interest occurs when an individual or organization has competing interests or loyalties that could potentially influence their decision-making or actions. This situation can arise in various contexts, including business, government, healthcare, and academia. Here are some key points about conflicts of interest: 1. **Types of Conflicts**: Conflicts of interest can be financial (e.g., receiving payments from multiple clients), personal (e.g., family relationships), or professional (e.g.
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