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Exam Code: CFE-Law Vendor: ACFE Name: Certified Fraud Examiner (CFE) - Law 217 Q&A with Explanation Last Update: May 18, 2026
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ACFE CFE-Law Last Week Results!

99

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ACFE CFE-Law

95%

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Exam At Testing Centre

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CFE-Law Q&A's Detail

Exam Code:
CFE-Law
Total Questions:
217 Q&A's
Single Choice Questions:
217 Q&A's

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ACFE CFE-Law Exam Dumps FAQs

The ACFE CFE-Law Exam is a certification exam offered by the Association of Certified Fraud Examiners (ACFE). It focuses specifically on legal aspects related to fraud examination and prevention.
The CFE-Law Exam is designed for professionals who work in the field of fraud examination, legal compliance, and risk management. It is particularly relevant for attorneys, investigators, auditors, and law enforcement personnel.
The ACFE CFE-Law exam covers a range of legal topics related to fraud, including criminal law, civil law, evidence, and investigative procedures. Specific areas include contract law, torts, constitutional law, and rules of evidence.
The ACFE CFE-Law Exam consists of 102 questions. These questions assess your knowledge of legal principles, fraud-related statutes, and case law.

The CFE-Law and CFE Certification Exams are both administered by the Association of Certified Fraud Examiners (ACFE) but serve distinct purposes and assess different areas of expertise within the field of fraud examination.

  • CFE Exam: The CFE Exam is a prestigious credential awarded by the Association of Certified Fraud Examiners (ACFE). It signifies expertise in fraud examination, prevention, and detection. The CFE certification exam covers a wide range of topics related to fraud, including legal aspects, financial transactions, investigation techniques, and fraud prevention strategies.
  • CFE-Law Exam: The CFE-Law Exam is a specific component of the CFE Certification. It concentrates exclusively on legal aspects related to fraud examination.It delves into the legal principles, statutes, and common law relevant to prosecuting fraudsters and conducting effective fraud examinations.

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Certified Fraud Examiner (CFE) - Law Questions and Answers

Question 1

One of the purposes of securities regulation is to maintain market confidence.

Options:

A.

True

B.

False

Question 2

The Financial Action Task Force (FATF) Recommendations advise countries to do all of the following EXCEPT:

Options:

A.

Use a risk-based approach when setting anti-money laundering policies

B.

Require financial institutions to keep certain records and establish anti-money laundering policies.

C.

Require financial institutions to monitor their customers ' political affiliations.

D.

Enable authorities to trace freeze, and confiscate assets suspected in money laundering and terrorist financing

Question 3

Which of the following is NOT a legal element that must be shown to prove a claim for fraudulent misrepresentation of material facts?

Options:

A.

The victim relied on the misrepresentation

B.

The defendant acted negligently

C.

The defendant made a false statement (i, e., a misrepresentation of fact)

D.

The victim suffered damages as a result of the misrepresentation

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