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 confidential information he received from his customer to make a personal decision about delaying the purchase of a computer game system for his daughter. This is a conflict of interest related to using confidential information for personal gain.

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