Free CFE-Law Exam Dumps

Question 16

Which of the following statements concerning front businesses as a method of laundering money is the LEAST ACCURATE?

A. A red flag of a front business is the observation of a large number of customers during peak operating hours
B. Front businesses provide cover for delivery and transportation related to illegal activity
C. From criminals' perspective a disadvantage to front businesses is that they generally must pay taxes on the illicit income
D. Front businesses benefit launderers by providing a safe place to manage criminal activities

Correct Answer:A

Question 17

In systems using adversarial processes, an attorney may impeach an opposing party's witness by showing that the witness:

A. Has a keen ability to observe
B. Made poor consistent statements
C. Testified from personal knowledge
D. Is influenced by bias or self-interest

Correct Answer:D

Question 18

In a particular country's judicial process, the judge oversees the investigation of a case is primarily responsible for questioning witnesses and generally plays a larger role in the evidence-gathering process than the parties' legal counsel Which of the following BEST describes this type of judicial process'?

A. Adversarial process
B. Substantive law process
C. Inquisitorial process
D. Common law process

Correct Answer:A

Question 19

Which of the following statements about the International Organization of Securities Commissions (IOSCO) s TRUE?

A. IOSCO is a self-regulatory organization for companies that have securities traded on international securities markets
B. IOSCO provides a forum for regular cooperation on banking supervisory matters affecting developingnations
C. IOSCO is an oversight body responsible for issuing and enforcing regulations that govern all international securities markets
D. IOSCO is recognized as the international standard-setter for securities markets

Correct Answer:D

Question 20

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.

A. True
B. False

Correct Answer:B