[Q55-Q77] 2023 Reliable Study Materials & Testing Engine for CFE-Law Exam Success!

Rate this post

2023 Reliable Study Materials & Testing Engine for CFE-Law Exam Success!

Validate your Skills with Updated CFE-Law Exam Questions & Answers and Test Engine

QUESTION 55
Even if a government agent obtains consent to search by force duress or bribery, the consent will still constitute a valid waiver of the consenting party’s right to be free from searches.

true

False

QUESTION 56
Which of the following statements is MOST ACCURATE regarding cross-examination of witnesses in adversarial systems?

If opposing counsel asks an overly complex question during cross-examination, witnesses should ask for the question to be rephrased

If an expert witness’s opinion is at risk of being distorted during cross-examination, the expert should avoid answering the question

The primary purpose of cross-examination is for opposing counsel to discover information previously unknown to opposing counsel.

The general rule is for opposing counsel to cross-examine all witnesses to ensure that important details are not missed by the fact finder

QUESTION 57
During a trial in an adversarial system an attorney calls an expert witness to the stand and asks “Could you please describe the procedures you performed in your examination?” Based on this question, which type of testimony is MOST LIKELY being presented’?

Impeachment

Direct exam Ml mi

Cross-examination

Request for admission

QUESTION 58
Which of the following is the MOST ACCURATE statement about the circumstances under which a conflict of interest claim would be actionable against an agent?

The agent must have purported to act on behalf of or as an agent for an identified principal

The agent must have had an undisclosed interest m a matter that could influence their professional role

The agent must have informed the principal of their actions

The agent must have been authorized by someone with actual authority to carry out the transaction at issue

QUESTION 59
Ramona is investigating Eugene for misconduct Ramona and Eugene both work for Elek-Tek, which operates in a jurisdiction with evil laws for defamation, invasion of privacy and conflict of interest During the investigation Ramona obtained ^formation that Eugene is cheating on his spouse Ramona to a large group of Elek-Tek employees that Eugene was committing adultery, which turned out to be true Which cause of action would give Eugene the BEST chance for success m a civil suit against Ramona?

Conflict of interest

Defamation

Public disclosure of private facts

Slander

QUESTION 60
Which of the following statements concerning the appointment of expert witnesses at that is accurate?

Generally, the court appoints the primary expert witnesses in inquisitorial jurisdictions.

Generally, only the parties may select expert witnesses in inquisitor jurisdictions

Generally the court selects the primary expert witnesses in adversarial jurisdictions

Generally, only the parties may select experts to introduce testimony in adversarial jurisdictions

QUESTION 61
Which of the following examples of judicial systems would BEST be described as a civil law system?

The courts are allowed to consider both codified statutes and previous court decisions but are bound by neither

The courts are bound by both previous court decisions and codified principles or statutes

The courts are bound primarily by previous court decisions to reserve legal issues

The courts are bound by codified principles or statures but are not bound by previous court decisions

QUESTION 62
Company A sued Company B lo recover damages for the breach of a contract. In the same proceeding.
Company B sought damages for an allegation that Company A fraudulently induced Company B into entering the contract. In this case, what would Company B’s claim against Company A be called?

Counterclaim

Collateral attack

Reversal

Cross-claim

QUESTION 63
Under the World Bank Principles for Effective Insolvency and Credit/Debtor Regimes (World Bank Principles), which of the following parties should administer the debtor’s estate in liquidation bankruptcy proceedings?

The jurisdiction’s commerce department or equivalent agency

The creditor with the largest claim against the debtor

The debtor, supervised by an independent insolvency representative

An independent insolvency representative

QUESTION 64
The Financial Action Task Force (FATF) Recommendations slate that a financial institution s customer due diligence (COD) procedures should include continued monitoring of a customer’s business relationships and transactions.

True

False

QUESTION 65
Tatiana is the chief executive officer (CEO) of Mattress World Warehouse, a retail mattress store that has been struggling financially A week before Mattress World Warehouse files for bankruptcy Tatiana sets ten mattresses to her husband at 80% below market value Which type of fraud scheme has Tatiana MOST LIKELY committed?

A fraudulent bankruptcy

A fraudulent conveyance

A planned bustout

A concealed transfer

QUESTION 66
A custodial arrest occurs when a law enforcement officer informs the suspect of their rights as a criminal defendant

True

False

QUESTION 67
Which of the following statements is TRUE regarding criminal proceedings and discovery in adversarial jurisdictions?

Most criminal proceedings are divided into pretrial, investigative and trial phases

Parties typically cannot request evidence from each other until after the trial begins.

The majority of criminal discovery usually occurs before the trial begins.

The judge is the primary driver of the discovery process in criminal proceedings.

QUESTION 68
At the end of a civil proceeding, the court finds the defendant, a company, liable and orders it to pay a large sum of money to compensate for the plaintiffs losses. Which of the following BEST describes this type of remedy?

Declaratory relief

Carnages

Equitable relief

Injunction

QUESTION 69
Which of the following is generally NOT one of the goals of deferred prosecution agreements?

To postpone prosecution until a company conducts an extensive internal investigation

To get an organization to reform its policies

To allow prosecutors to resolve a case while still punishing malfeasance

To reduce the risk of illegal practices at an organization

QUESTION 70
Which of the following statements concerning money services businesses (MSBs) is INCORRECT?

MSBs tend to have a tower money laundering risk than other financial institutions.

MSBs are generally less strictly regulated than traditional financial institutions.

A check cashing company is classified as an MSB.

A currency exchange is classified as an MSB.

QUESTION 71
The MAIN PURPOSE for maintaining the chain of custody on an item of evidence is to

Establish that the evidence has not been altered or changed from the time it was collected through its production in court

Verify that the item of evidence has only been handled by court officials prior to its production m court.

event opposing parties from accessing evidence without a court order

Eliminate re need to authenticate the item of evidence in court

QUESTION 72
In most civil law systems, the burden of proof for the government to convict a defendant in a criminal case is beyond a reasonable doubt.

True

False

QUESTION 73
All of the following are common legal defenses for tax evasion EXCEPT:

Mental illness of the taxpayer

Death of the taxpayer

The taxpayer s reliance on an attorney or accountant

The actions were tax avoidance not tax evasion

QUESTION 74
Frederick has multiple high-volume foreign bank accounts. The country he lives in requires him to report such accounts annually for tax purposes but he regularly and intentionally fails to report his accounts in order to reduce the amount of taxes he must pay. Which of the following schemes has Frederick MOST LIKELY committed?

A tax credit evasion scheme

A value-added tax evasion scheme

An excise tax evasion scheme

An income and wealth tax evasion scheme

QUESTION 75
Which of the following statements concerning digital currencies, such as bitcoin, is MOST ACCURATE?

Digital currencies are subject to all of the same regulations as payments made through traditional financial institutions

Digital currencies are attractive to money launderers because payments often cross jurisdictional boundaries, making it difficult for authorities to pursue enforcement

Digital currencies are attractive to money launderers because they are a payment method that provides complete anonymity

Digital currencies are not typically used to launder money due to strict customer identification or recordkeeping requirements enforced in all jurisdictions

QUESTION 76
Jackson believes he has a legal cause of action against Alice, who lives in a foreign country. The fact that Jackson is the plaintiff allows him to bring the lawsuit against Alice in any court in the country where he lives.

True

False

QUESTION 77
In jurisdictions that allow for corporate criminal liability which of the following is typically required for the corporation to be vicariously liable for the acts of one of its employees?

Management was directly involved with the offense

Management knew of the underlying offense but did not correct it

The corporation had previous violations of a similar nature

The employee was acting within the scope of their employment