Answer:
Statement 1 and 3.
Explanation:
Conflict of interest exist when a party has more than one interest in the interest of another party, for example when an employee has an interest or has another company doing exactly what his employer is doing and still working with this employer, here a conflict of interest exist.
An engineer may take such employment, if both parties are informed of potential conflict of interest, it shows that when such happens the decisions makers are already aware and it might not possibly affect his work, secondly when all the parties involved are informed about it ,so that when it happens it does not affect him.
In practice, aristocracy often leads to hereditary government, after which the hereditary monarch appoints officers as they see fit. In modern times, aristocracy was usually seen as rule by a privileged group, the aristocratic class, and has since been contrasted with democracy.
The smaller states saw the Virginia plan as slanted more in the favor of the larger states, as it would have the House and Senate elected by proportions, which would heavily favor largely populated states like Virginia. The New Jersey Plan was proposed to counter it, which would have a Senate that elected one Senator from each state. The Connecticut Compromise was reached, which created a Senate that elected 2 Senators per state, and the House, which was based on proportion. This way, everyone got part of what they wanted.
Answer:
the business is going down economiclly