Question

Self Dealing arises when as a business owner you:

a.Become a member of the City Council.
b.Accept gifts from other business owners.
c.As a member of the City Council, you vote to award contracts to your business.

Answer 1

Self-dealing occurs when a business owner, who is also a member of the City Council, votes to award contracts to their own business.

Step-by-step explanation:

Self-dealing is a business practice where a business owner uses their position for personal gain or advantage, often at the expense of the company or its stakeholders. In the given options, self-dealing occurs when a business owner, who is also a member of the City Council, votes to award contracts to their own business.

This is a clear conflict of interest as the business owner is prioritizing personal gain over fair and impartial decision-making.