Which of the following is a distinguishing feature of self dealing contracts?
A) They are in the best interests of the corporation.
B) They have a very high revenue potential.
C) They can be either pursued or declined.
D) They give rise to conflict of interest situations.

Question

Quizplus · Accepted Answer

Self-dealing contracts are characterized by situations where a conflict of interest arises because an individual in a position of authority in a corporation (such as a director or officer) stands to benefit personally from the contract, potentially at the expense of the corporation's best interests.

Which of the Following Is a Distinguishing Feature of Self