100% PASS RATE Certified Fraud Examiner CFE-Law Certified Exam DUMP with 160 Questions [Q70-Q87]

QUESTION 70
Which of the following typically does NOT need to be present for communications between an attorney and the attorney’s client to be protected by a legal professional privilege?

Communication between a legal advisor and a client

Purpose of the communications was to seek or provide legal advice

Intent to keep the communications confidential

A lawsuit has been filed

QUESTION 71
Which of the following is NOT an element that must be proven to establish a penury offense?

The defendant made a false statement that was material

The defendant made a false statement white under oath.

The defendant made the statement with knowledge of its falsity

The defendant made a false statement in a court of law.

QUESTION 72
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 73
Allison works for a government contractor She informs the government that her employer has been submitting false claims to the government for payment Later it is discovered that Allison has misappropriated more than
$50,000 of her employer’s money Alison qualifies as a whistleblower entitled to anti-retaliation protection under the law because of her report to the government Which of the following statements about Allison is CORRECT?

Allison cannot be fired for misappropriating funds from her employer

Allison cannot be fired for any reason

Alison cannot be fired for informing the government of her employee’s fraud

None of the above

QUESTION 74
The Financial Action Task Force (FATF) Recommendations concerning cross-border transfers of currency recommend that countries do which of the following?

Require individuals to make a disclosure any time currency is physically transported into or out of a country, regardless of the currency amount.

Eliminate the practice of carrying currency above a certain threshold across international borders.

Establish reporting thresholds for physically carrying currency or currency equivalents into or out of a country.

Stipulate that financial institutions must inform authorities any time they conduct a transaction involving a cash equivalent originating from another country.

QUESTION 75
The________________requires that an employee act solely in the best interest of their employer, free of any serf-dealing, conflicts of interest, or other abuse that results in a personal advantage

Duty of care

Duty of responsibility

Duty of employee trust

Duty of loyalty

QUESTION 76
Which of the following statements concerning judgments involving parties that are in multiple jurisdictions is MOST ACCURATE?

If a party obtains a judgment in one jurisdiction, then that party will automatically be able to enforce the judgment wherever the defendant resides.

Whether a foreign judgment is enforceable always depends on where the defendant’s assets are located.

If a party obtains a judgment in one jurisdiction, then that party will automatically be able to enforce the judgment in any jurisdiction.

Whether a foreign judgment is enforceable might depend on whether the two jurisdictions have an enforcement treaty.

QUESTION 77
Allison works for a government contractor She informs the government that her employer has been submitting false claims to the government for payment Later it is discovered that Allison has misappropriated more than $50,000 of her employer’s money Alison qualifies as a whistleblower entitled to anti-retaliation protection under the law because of her report to the government Which of the following statements about Allison is CORRECT?

Allison cannot be fired for misappropriating funds from her employer

Allison cannot be fired for any reason

Alison cannot be fired for informing the government of her employee’s fraud

None of the above

QUESTION 78
Each of the following is a common legal defense for tax evasion EXCEPT:

The taxpayer relied on an attorney or accountant.

The taxpayer has filed for bankruptcy.

The taxpayer has a mental illness.

There is no tax deficiency.

QUESTION 79
Slater has been appointed as a bankruptcy administrator. According to the recommendations of the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes (World Bank Principles), which of the following statements concerning Slater’s role as bankruptcy administrator is MOST ACCURATE?

Slater may investigate all contracts the debtor entered into, but he does not have the power to cancel them without the debtor’s permission.

Slater may request relevant information from the debtor’s agents or others with knowledge of the debtor’s affairs, but he cannot force them to provide it.

Slater may collect, preserve, and dispose of the debtor’s property.

Slater may not interfere with contracts signed by the debtor.

QUESTION 80
Which of the following is the MOST ACCURATE statement about the UK Bribery Act?

Like the FCPA the UK Bribery Act contains an explicit exception for facilitating payments

Even if an organization’s anti-corruption program complies with the FCPA, it might not be sufficient for the purpose of complying with the UK Bribery Act

Unlike the FCPA. the UK Bribery Act makes it a crime to bribe a foreign public official in connection with international business transactions

The UK Bribery Act only exercises jurisdiction over individuals and corporate entities for acts of corruption when the offense occurs outside the United Kingdom

QUESTION 81
Which of the following is NOT required for a contract transaction or scheme to be classified as an investment contract?

The expectation of making a profit

Profits derived solely from the investor’s management activity

investment m a common enterprise

An investment of money or other asset

QUESTION 82
Kamala is conducting a fraud examination in a country where courts apply laws from codified statutes to each case. When deciding legal issues, the courts are not bound by similar court decisions from previous cases. The country where Kamala is working MOST LIKELY has a __________ judicial system.

Common law

Civil law

Substantive law

Statutory law

QUESTION 83
During an internal investigation Todd a Certified Fraud Examiner (CFE) interviewed Janessa a fraud suspect Although Janessa wanted to leave in the middle of the interview, Todd blocked the exit and prevented her from leaving Janessa subsequently confessed to committing fraud If under these facts Janessa files a lawsuit (or false imprisonment against Todd, Todd will likely

Win the case because he is protected under the qualified business privilege

Lose the case if a trier of fact concludes that he restrained Janessa without consent or legal justification

Lose the case because janessa did not leave the interview

Win the case if he did not know the conduct was illegal

QUESTION 84
In most civil law jurisdictions which of the following BEST describes when a party is required to begin taking steps to preserve and produce relevant evidence?

When the court orders such steps to be taken

When litigation has started

When the party receives a service of process

When the charging documents are filed

QUESTION 85
The Financial Action Task Force (FATF) Recommendations advise countries to do all of the following EXCEPT:

Use a risk-based approach when setting anti-money laundering policies

Require financial institutions to keep certain records and establish anti-money laundering policies.

Require financial institutions to monitor their customers’ political affiliations.

Enable authorities to trace freeze, and confiscate assets suspected in money laundering and terrorist financing

QUESTION 86
In jurisdictions that allow criminal bargaining agreements the defendant’s counsel generally has the discretion to determine whether a bargaining agreement is available to the defendant.

True

False

QUESTION 87
Ethan a U S resident, is running a Ponzi scheme As part of the scheme, he uses the U S mail system to send promotional materials to potential victims in France If the US government decides to prosecute Ethan, which of the following would provide the MOST LIKELY basis for the charges?

Mail fraud

Wire fraud

Insider trading fraud

Communications fraud

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