Determine the type of conflict and if disclosure of conflict

Assignment Help Financial Accounting

Reference no: EM13136017

If a conflict of interest arises prior to entering into a business contract, the parties should

A. determine the type of conflict and if disclosure of the conflict of interest is sufficient to proceed with the contract

B. stop negotiations immediately and contact a mediator to negotiate the terms of the contract

C. cease and desist because all conflicts of interest are irreconcilable

D. commence a cooling-off period until the conflict is removed

Reference no: EM13136017

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