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PA Notary Exam Prep Quiz: Conflict of Interest

by Sylvia

Businessman partner hand gesture rejecting refusing money, anticorruption concept

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What would constitute a direct or pecuniary interest?

A. RECEIVING MONETARY COMPENSATION OTHER THAN A NOTARY FEE, THAT IS CONTINGENT UPON YOU NOTARIZING A DOCUMENT.
B. RECEIVING A PAYCHECK FROM YOUR PLACE OF EMPLOYMENT WHERE YOU ALSO NOTARIZE DOCUMENTS.
C. BOTH A AND B.

It is a conflict of interest if a notary public performs notarial acts as:

A. An officer, director, or employee of a company that is party to a notarized transaction.
B. For the direct benefit of their spouse.
C. As a shareholder in a publicly traded company that is a party to the notarized transaction.

What would NOT constitute a conflict of interest?

A. Being a shareholder in a publicly traded company that is a party to a notarized transaction.
B. Receiving a fee that is contingent upon the completion of the notarized transaction.
C. None of the Above.

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