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Accounting > Opportunistic Behaviour

The following information is about Opportunistic Behaviour.

Opportunistic Behaviour Defined

occurs where one party takes advantage of his superior knowledgein order to further his/her interestsby failing to disclose such information to the other party. This would occurfor exampleif a supplier of widgets had information about a product which was deliberately withheld from the potential buyerin the knowledge that such information would negatively affect the price of the product or the willingness of the buyer to purchase it.

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