Kelly had spent longer at lunch with his customer,a computer game manufacturer,than he expected.But,the meeting had been worthwhile.The customer had told Kelly that his company was about to lower the price of computer game systems the following week, the start of the next financial quarter,but that they were planning to keep this
Information from the retailers until the last possible minute to maximize the profit margins for the quarter.Kelly decided to delay purchasing a game system,which he had been planning to buy for his daughter,until the following week.What is the nature of
Kelly's conflict of interest?

Question

Quizplus · Accepted Answer

Kelly is using the confidential information he received from the customer to his personal advantage by delaying his purchase of a game system. This is a clear conflict of interest as he is leveraging his position and the confidential information for his own benefit.

Kelly Had Spent Longer at Lunch with His Customer,a Computer