In which of the following situations is there a conflict of interest?
A) A judge who occasionally shops in a store that is involved in a case before the same judge
B) A real estate agent representing the buyer and seller of a house with permission from the buyer and seller
C) An agent of one principal who secretly works for another whose interest competes with that of the first principal
D) A bank regulator using a credit union
E) A lawyer discussing a case with his or her boss

Question

Quizplus · Accepted Answer

A conflict of interest occurs when one attempts to "serve two masters," and no agent or employee of one principal can secretly work for another whose interest competes with that of the first principal. That is why a real estate agent may not represent both a seller and a buyer in a real estate transaction without permission from both parties.

In Which of the Following Situations Is There a Conflict