GY Ltd. a publicly listed company, is in the process of securing a high-value government contract. The Company's Chief Financial Officer (CFO), under pressure to meet aggressive financial targets, instructs the Company S

Think about outcomes if you find yourself in a situation when this approach doesn't work, you can resolve a right versus right dilemma by finding the highest "right." Kidder wrote that there are three ways to make the best choice when faced with these types of dilemmas: Ends-based: Select the option that generates the most good for the most people. Rule-based: Choose as if you're creating a universal standard. Follow the standard that you want others to follow. Care-based: Choose as if you were the one most affected by your decision. Once you've identified an ethical right versus right dilemma, lay out your options according to these three principles. One approach will immediately present itself as the "most right". Avoid Conflicts: Fundamental Duty of professional Each professional should avoid any conflict of interests with that of the client. A 'conflict of interest' exists where the interests or benefits of one person or entity conflict with the interests or benefits of the client. The professional must avoid situations involving actual or potential conflict of interest. Any situation that involves or may involve a conflict of interest must be promptly disclosed. No transaction, which involves an actual or potential conflict of interest, should be undertaken by professional. A professional must not act for a client where there is a conflict between the duty to serve the best interests of a client and the interests of the professional or an associate of the professional, except as permitted. A professional must not exercise any undue influence intended to dispose the client to benefit the professional in excess of the professional fair remuneration for legal services provided to the client. A professional must not borrow any money, nor assist an associate to borrow money, receiving a financial benefit from a third party in relation to any dealing where the professional represents a client, or from another service provider to whom a client has been referred by the professional, provided that the professional advises the client: that a commission or benefit is or may be payable to the professional in respect of the dealing or referral and the nature of that commission or benefit; that the client may refuse any referral and the client has given informed consent to the commission or benefit received or which may be received.