ABSTRACT
A conflict of interest (COI) is created when the parties involved in an activity or transaction fail to meet the fiduciary responsibilities that they were initially tasked with. When an employee who was hired to pursue the organization’s interests and exercise all reasonable efforts to purchase supplies economically for the organization’s operating activities is otherwise engaged in making private deals that further his own interests while lowering the interests of the employer, this person is in the midst of a COI.
