Online Questions - Valid Practice To your CFE-Law Exam (Updated 102 Questions) [Q17-Q34]

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Online Questions – Valid Practice To your CFE-Law Exam (Updated 102 Questions)

Practice To CFE-Law – Remarkable Practice On your Certified Fraud Examiner Exam

Q17. 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.

Q18. 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

Q19. Company A sued Company B to recover damages tor 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?

Cross-claim

Collateral attack

Reversal

Counterclaim

Q20. 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

Q21. Which of the following statements about the appeals process in cranial cases is MOST ACCURATE?

In common law jurisdictions, appellate courts are generally not permitted to make their own factual determinations when reviewing a case

In civil law jurisdictions appellate courts are generally not permitted to make their own legal conclusions when reviewing a case

Appellate courts will usually hear an appeal even if the petition was not filed in a timely manner

Appellate courts will usually reverse a conviction even if the trial court’s error did not affect the outcome of the case

Q22. 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

Q23. Under the best practices listed in the Financial Action Task Force (FATF) Recommendations concerning large cash transactions with customers which of the following transactions would require a report to be Wed with the government?

A domestic credit card purchase of a piece of jewelry above the jurisdiction’s designated threshold

A cash payment to a restaurant supplier for restaurant supplies above the jurisdiction’s designated threshold

An international purchase of a small boat with a lump-sum cash payment below the jurisdiction’s designated threshold

A lump-sum cash deposit to a bank above the jurisdiction’s designated threshold

Q24. Which of the following statements concerning fact finders in criminal trials in common law jurisdictions is MOST ACCURATE?

The presence of a jury is always required to make factual findings in a common law criminal trial

A panel of a professional judge and lay judges usually serves as the fact finder in serious cases

A judge is typically responsible for factual findings

Juries usually serve as the fact finder in serious cases

Q25. Which of the following schemes involves disguising money from illegal nonbusiness sources by recording more income on a business’s books than the business actually generates?

Overstate revenues

Structured deposits

Trade-based laundering

None of re above

Q26. Which of the following is an example of a trade-based money laundering scheme?

An importer and an exporter conspire to conceal illicit funds by creating invoices that understate the quantity of goods shipped internationally

An accountant overstates a restaurants revenues to hide illegal funds that are secretly laundered through the business

A drug cartel outside of the United States launders illicit funds by hiring runners to deposit small amounts of money in bank accounts throughout the United States

A businessperson deposits illicit funds into the bank account of a company they secretly own which then lends the funds back to them

Q27. In most countries employers must provide notice to their employees before they implement an employee monitoring program

True

False

Q28. 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

Q29. 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

Q30. 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

Q31. 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

Q32. 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 inquisitional 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

Q33. 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

Q34. 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.