ACFE Exam CFE-Law Topic 1 Question 14 Discussion

Actual exam question for ACFE's CFE-Law exam

Question #: 14
Topic #: 1

Which of the following is the MOST ACCURATE statement about the circumstances under which a conflict of interest claim would be actionable against an agent?

AThe agent must have purported to act on behalf of or as an agent for an identified principal

BThe agent must have had an undisclosed interest m a matter that could influence their professional role

CThe agent must have informed the principal of their actions

DThe agent must have been authorized by someone with actual authority to carry out the transaction at issue

Show Suggested Answer

Suggested Answer: B

by Willard at Feb 03, 2023, 11:27 AM

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