A conflict of interest is any situation where a person's private interests and professional obligations collide. In the risk assessment context, a conflict of interest is a situation where a member's responsibilities as part of the risk assessment team might conflict with one's job responsibilities. In these situations, independent observers might question whether a person's private interests improperly influenced his or her professional decisions. True/False

True

Explanation:

A conflict of interest which is also known as (COI) is any situation where a person's private interests and professional obligations collide. This can be explained further as a situation whereby an individual or organization is involved in diverse interest or personal interest which serving one may adversely affect the other.

An interest can be refer to a commitment or obligation associated to a particular practice while Conflicts means arguments or disagreement

So conflict of interest can be described as a situation where a person or individual is occupying simultaneously a particular social role which create opposing benefits or loyalty

explanation:

may i ask what challenges?