Free CFE-Law Exam Dumps

Question 26

Dodd is a Certified Fraud Examiner (CFE) who works for Weathervane, a private company Dodd suspects that Burton a Weathervane employee has embezzled money from the company Dodd plans to conduct an internal investigation into the missing funds Based on these facts which of the following is the MOST ACCURATE statement?

A. Burton has a duty to cooperate with the investigation even if what is requested from him is not reasonable
B. Burton can refuse to cooperate with the investigation because he has a fundamental right to privacy
C. Burton likely has a duty to cooperate with the investigation as part of the employer-employee relationship
D. Burton can refuse to cooperate with the investigation because he has a fundamental right to remain silent

Correct Answer:C

Question 27

Which of the following is a red flag that an entity is operating a security business without the proper license or registration?

A. The entity's website contains detailed background information.
B. There is an unexplained absence of customer complaints against the entity.
C. There are justified gaps in the work history of promoters at the entity
D. The agents working at the entity have criminal records.

Correct Answer:D

Question 28

Which of the following is a legal element that the government must show to prove a cnminal conspiracy?

A. One of the conspirators knowingly committed an oven act in furtherance of the conspiracy
B. The conspirators accomplished the purpose of the conspiracy that was initially established
C. The defendant knew all the details or objectives of the conspiracy
D. The defendant knew the identity of all the participants in the conspiracy

Correct Answer:C

Question 29

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?

A. Cross-claim
B. Collateral attack
C. Reversal
D. Counterclaim

Correct Answer:D

Question 30

Ellis works for a business that filed for bankruptcy. The administrator presiding over the bankruptcy contacts Ellis and requests information regarding his employer's financial affairs Assuming the administrator has all of the powers recommended in the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes (World Bank Principles) which of the following is TRUE?

A. The administrator may only seek information regarding the bus ness that filed bankruptcy if Ellis consents to providing it.
B. The administrator has no power to obtain the information under any circumstances
C. The administrator may compel Ellis to provide the information despite Ellis's relationship to the business
D. The administrator may not obtain the information unless the business agrees in writing

Correct Answer:C