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ACFE Certified Fraud Examiner (CFE) - Law CFE-Law Question # 40 Topic 5 Discussion

ACFE Certified Fraud Examiner (CFE) - Law CFE-Law Question # 40 Topic 5 Discussion

CFE-Law Exam Topic 5 Question 40 Discussion:
Question #: 40
Topic #: 5

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?


A.

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


B.

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


C.

The agent must have informed the principal of their actions


D.

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


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