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ACFE CFE-Law Exam - Topic 1 Question 29 Discussion

Company A sued Company B lo recover damages for the breach of a contract. In the same proceeding. Company B sought damages for an allegation that Company A fraudulently induced Company B into entering the contract. In this case, what would Company B's claim against Company A be called?
A) Counterclaim
B) Collateral attack
C) Reversal
D) Cross-claim

ACFE CFE-Law Exam - Topic 1 Question 29 Discussion

Actual exam question for ACFE's CFE-Law exam
Question #: 29
Topic #: 1
[All CFE-Law Questions]

Company A sued Company B lo recover damages for the breach of a contract. In the same proceeding. Company B sought damages for an allegation that Company A fraudulently induced Company B into entering the contract. In this case, what would Company B's claim against Company A be called?

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Suggested Answer: A

by Kasandra at Jan 26, 2024, 07:57 AM

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Penney
9 months ago
Just to clarify, a counterclaim is when you respond with your own claim, right?
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Louvenia
10 months ago
No way, I thought it was a cross-claim!
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Merilyn
10 months ago
Wait, is it really called a counterclaim? Sounds too simple.
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Raylene
10 months ago
I agree, counterclaim is the right term here.
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Marcelle
10 months ago
It's definitely a counterclaim.
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Nickolas
10 months ago
I thought a cross-claim was when you sue a co-defendant or something? I’m confused about the difference between that and a counterclaim.
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Theodora
11 months ago
I practiced a similar question where a defendant filed a counterclaim, so I’m leaning towards that being the correct term here.
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Tomoko
11 months ago
I'm not entirely sure, but I remember something about counterclaims being filed in the same proceeding. It feels like the right answer, but I could be mixing it up with something else.
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Slyvia
11 months ago
I think Company B's claim would be called a counterclaim since they are responding to Company A's lawsuit with their own claim.
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Rosamond
11 months ago
I'm leaning towards counterclaim as well, since Company B is bringing a claim against Company A within the same proceeding. But I'll double-check my notes to be sure.
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Marti
11 months ago
Okay, let me break this down. Company B is alleging that Company A fraudulently induced them into the contract, so I think the answer is a counterclaim.
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Marshall
11 months ago
Hmm, I'm a little unsure about the difference between a counterclaim and a cross-claim. I'll need to think this through carefully.
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Elmira
11 months ago
This seems like a straightforward question about legal terminology. I'm pretty confident I can figure this out.
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Arletta
11 months ago
Option D looks like it's manually looping through the files and unioning the dataframes. That could work, but it seems a bit more complex than the other options. I'll have to weigh the tradeoffs.
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Taryn
11 months ago
The Lightning Design System Unmanaged Package sounds like it could be a good choice, since it's specifically designed for Salesforce UI components and patterns. I'll have to think this one through a bit more.
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Ciara
11 months ago
Hmm, I'm not too familiar with the specifics of E-UTRAN to UTRAN handover based on coverage. I'll have to think this through and try to eliminate any options that don't seem relevant.
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