CFE-Law Exam Training & CFE-Law Related Exams - CFE-Law Sample Test Online

CFE-Law Exam Training & CFE-Law Related Exams - CFE-Law Sample Test Online
5 min read
26 December 2022

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NEW QUESTION 39
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 debtor, supervised by an independent insolvency representative
  • C. An independent insolvency representative
  • D. The creditor with the largest claim against the debtor

Answer: C

 

NEW QUESTION 40
Which of the following is the MOST ACCURATE statement about the litigation privilege in common law jurisdictions?

  • A. The litigation privilege only protects documents and materials prepared by an attorney
  • B. The primary purpose of the litigation privilege is to protect confidential communications between a client and the client's legal representative
  • C. The litigation privilege applies only while a trial is underway
  • D. The litigation privilege applies only to documents and materials prepared in anticipation of litigation

Answer: B

 

NEW QUESTION 41
Which of the following statements regarding the qualifications of expert witnesses in most inquisitorial jurisdictions is CORRECT?

  • A. Certification in a specific field is always enough to qualify an expert
  • B. An excerpt is not qualified to testify unless all parties to the litigation approve
  • C. Experts are generally prohibited from serving as expert witnesses in multiple cases
  • D. The qualification of an expert is generally based on standardized requirements

Answer: D

 

NEW QUESTION 42
Evidence that tends to make some tact at issue more or less likely than it would be without the evidence is called:

  • A. Circumstantial evidence
  • B. Testamentary evidence
  • C. Relevant evidence
  • D. Demonstrative evidence

Answer: C

 

NEW QUESTION 43
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?

  • A. Overstate revenues
  • B. Trade-based laundering
  • C. Structured deposits
  • D. None of re above

Answer: A

 

NEW QUESTION 44
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