If your company does business with your relative, there is a conflict of interest:

Question

Quizplus · Accepted Answer

If your company does business with your relative and you personally benefit, there is a conflict of interest. This is because your personal interests may influence your decisions at work, which can potentially harm the company's best interests. It is important to disclose any potential conflicts of interest to your employer and recuse yourself from any decision-making related to the transaction.

Option B is incorrect because it is not up to your boss to decide whether a conflict of interest exists; it is a matter of company policy and ethical standards.

Option C is also incorrect because whether or not the company knows about your relationship with the vendor does not change the fact that a conflict of interest exists if you personally benefit from the transaction.

If Your Company Does Business with Your Relative, There Is