Conflict of Interest

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Self Test

Take this quick true-or-false test to get a feel for how well you understand conflicts of interest.

  1. Conflicts of interest are common in vibrant, engaged universities.
  2. The first step in managing conflicts of interest is disclosure.
  3. Once an individual has disclosed a conflict of interest, he or she does not need to be concerned about managing it.
  4. Potential conflicts of interest must be disclosed annually, at first employment, and whenever the employee's situation changes.
  5. Perceived conflicts of interest can be as damaging as real conflicts of interest and therefore must be managed.
  6. Conflict of interest situations with not-for-profit entities are harmless and thus do not need to be managed.
  7. Because of the potential harm to students, when a faculty member starts or acquires a significant interest in a company, the university prohibits them from serving as a major professor to students who work in that company.

Answers:

  1. True
  2. True
  3. False
  4. True
  5. True
  6. False
  7. True
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