Q
QuestionBusiness Law

An example of an individual financial COI is:? A researcher is considering buying stock in a publicly traded company that specializes in making and delivering hand tossed pizza. A researcher’s 10 -year-old child wins a local science competition, the prize for which is a $5,000 scholarship to a workshop sponsored by a local company that sponsors one of the researcher’s ongoing projects. A researcher’s spouse holds equity in a publicly traded pharmaceutical company that is also the sponsor of the researcher’s study. A researcher’s spouse works at the same university as the researcher.
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Step 1
: Identify the individual financial conflicts of interest (COIs) in each scenario.

A researcher is considering buying stock in a publicly traded company that specializes in making and delivering hand tossed pizza. - This is an individual financial COI because the researcher's personal financial interests may influence their research or decision-making in a way that could potentially bias the research outcomes or their professional judgment. A researcher’s 10 -year-old child wins a local science competition, the prize for which is a $5,000 scholarship to a workshop sponsored by a local company that sponsors one of the researcher’s ongoing projects. - This is an individual financial COI because the researcher's child's educational interests, which are directly related to the researcher, are financially supported by a local company that also sponsors the researcher's project. This situation could potentially bias the researcher's decisions or judgments regarding the project or their relationship with the sponsoring company. A researcher’s spouse holds equity in a publicly traded pharmaceutical company that is also the sponsor of the researcher’s study. - This is an individual financial COI because the researcher's spouse's financial interests in a pharmaceutical company may influence the researcher's decisions, judgments, or research outcomes, potentially biasing the results in favor of the company. A researcher’s spouse works at the same university as the researcher. - While this scenario does involve a potential conflict of interest, it is not necessarily a financial COI. The conflict here is related to the researcher's spouse being employed by the same institution, which could potentially lead to biased decision-making or favoritism. However, since there is no direct financial interest involved, this is not considered an individual financial COI.

Final Answer

- The first three scenarios involve individual financial conflicts of interest (COIs) for the researcher, while the fourth scenario does not meet the definition of an individual financial COI.