Conflict Of Interest Quizzes, Questions & Answers
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A conflict of interest is a situation in which the interests of parties collide. Take this multiple choice questions-based quiz and know more. What is your definition of a conflict of interest? This quiz will certainly broaden...
Questions: 10 | Attempts: 2289 | Last updated: Oct 22, 2025
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Sample Question 1An employee is prohibited from being directly or indirectly involved in the origination, processing, underwriting, closing or funding of a mortgage loan for the following family member(s) - check all that apply:
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Sample Question 2An employee can work on his or her own loan, as long as his or her name does not appear on any of the documents in the file.
Quiz for Section III: Conflicts of Interests & the Duty of Loyalty
Questions: 20 | Attempts: 242 | Last updated: Apr 7, 2025
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Sample Question 1While an assistant district attorney, Attorney Alpha was in charge of the presentation before a grand jury of evidence that led to an indictment charging thirty-two defendants with conspiracy to sell controlled drugs. Shortly after the grand jury returned the indictments, Alpha resigned as assistant district attorney and became an associate in the law office of Attorney Beta, a sole practitioner. At the time of such association, Beta was the attorney for Deft, one of the indicted co-defendants. Is it proper for Attorney Beta to continue to represent Deft?
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Sample Question 2Attorney was formerly employed by Insurance Company as a lawyer solely to handle fire insurance claims. While so employed she investigated a fire loss claim of Claimant against Insurance Company. Attorney is now in private practice. Assume the claim has not been settled and Claimant consults Attorney and asks Attorney either to represent him or refer him to another lawyer for suit on the claim. Which of the following would be proper for Attorney to do? I. Refuse to discuss the matter with Claimant. II. Represent Claimant. III. Refer Claimant to an associate in her law firm, provided Attorney does not share in any fee. IV. Give Claimant a list of lawyers who Attorney knows are competent and specialize in such claims.
Recent Conflict Of Interest Quizzes
Questions: 6 | Attempts: 830 | Last updated: Apr 7, 2025
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Sample QuestionAny party to a mortgage loan transaction who has a direct or indirect personal, business or financial relationship results in a conflict of interest that may influence the transaction.
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