CFE Law

Which of the following situations would constitute a violation of the US Foreign Corrupt Practices Act (FCPA)A . A private U.S company pays a S2.000 foreign corporation fee that is required in order to do business within the country B. A private UK company transfers $25,000 to a Chilean public...

Which of the following is the MOST ACCURATE statement about the litigation privilege in common law jurisdictions?A . The primary purpose of the litigation privilege is to protect confidential communications between a client and the client's legal representative B. The litigation privilege only protects documents and materials prepared by an...

Which of the following statements concerning examinations of expert witnesses in most inquisitorial jurisdictions is accurate?A . The expert has the discretion to determine the scope of the examinations B. The judge is not allowed to question the expert's credibility under any circumstance C. The parties determine the extent of...

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?A . The jurisdiction's commerce department or equivalent agency B. The creditor with the largest claim against the debtor C. The debtor, supervised...

Which of the following is an example of a trade-based money laundering scheme?A . An importer and an exporter conspire to conceal illicit funds by creating invoices that understate the quantity of goods shipped internationally B. An accountant overstates a restaurants revenues to hide illegal funds that are secretly laundered...