8. ______________ is a situation in which a party's responsibility to a second party limits its ability to discharge its responsibility to a third party. A. Corruption B. Fraud C. Conflict of interest D. Noncompliance 9. Which of the following is responsible for the effective functioning of a business by ensuring that it is conducted in the interest of all shareholders? A. Chief executive officer B. Chief operating officer C. Company secretary D. Board chairperson 10. __________ is a committee constituted by the board of directors, typically charged with the oversight of company reporting and disclosure of both financial and non-financial information to stakeholders. A. Audit committee B. Remuneration committee C. Nomination committee D. Ad hoc committee