ACFE CFE-Law Exam - Topic 2 Question 51 Discussion

Actual exam question for ACFE's CFE-Law exam

Question #: 51
Topic #: 2

Company A sued Company B to recover damages tor 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?

ACross-claim

BCollateral attack

CReversal

DCounterclaim

Show Suggested Answer

Suggested Answer: A

by Lorean at Oct 20, 2024, 04:47 PM

Limited Time Offer

25%

Off

Get Premium CFE-Law Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Sena

3 months ago

Not so sure about that... sounds complicated!

upvoted 0 times

...

Ashley

3 months ago

Totally agree, counterclaim is the right term!

upvoted 0 times

...

Thad

4 months ago

Wait, can you really sue for fraud like that?

upvoted 0 times

...

Kati

4 months ago

I thought it was a cross-claim?

upvoted 0 times

...

Gerald

4 months ago

It's definitely a counterclaim!

upvoted 0 times

...

Avery

4 months ago

I thought a counterclaim was when you sue back in the same case, so maybe that's the right answer here?

upvoted 0 times

...

Isadora

5 months ago

I feel like this is similar to a practice question we did on counterclaims, but I can't remember the exact definition.

upvoted 0 times

...

Mirta

5 months ago

I'm not entirely sure, but I remember something about cross-claims being related to claims against other parties in the same action.

upvoted 0 times

...

Frank

5 months ago

I think Company B's claim might be called a counterclaim since they're responding to Company A's lawsuit.

upvoted 0 times

...

Izetta

5 months ago

I'm a little confused by the wording of this question. Is a counterclaim the same as a collateral attack? I'll have to review my notes to be sure.

upvoted 0 times

...

Dahlia

5 months ago

I remember learning about counterclaims in class. This question is testing our understanding of that legal concept. I'll mark my answer confidently.

upvoted 0 times

...

Denise

5 months ago

Okay, let me break this down step-by-step. Company A sued Company B, and in the same proceeding, Company B sought damages from Company A. That sounds like a counterclaim to me.

upvoted 0 times

...

Tresa

5 months ago

Hmm, I'm a bit unsure about this one. Is it a cross-claim or a counterclaim? I'll have to think it through carefully.

upvoted 0 times

...

Matilda

5 months ago

This seems like a straightforward question about legal terminology. I'm pretty confident I know the answer - it's a counterclaim.

upvoted 0 times

...

Carisa

10 months ago

I bet the lawyers are having a field day with all these legal maneuvers. It's like a game of legal ping-pong up in here.

upvoted 0 times

Dannette

9 months ago

Yeah, it's definitely a legal battle with all these maneuvers going back and forth.

upvoted 0 times

...

Noel

9 months ago

I think Company B's claim against Company A would be called a counterclaim.

upvoted 0 times

...

Barrett

9 months ago

Lawyers love cases like this, it's a legal showdown.

upvoted 0 times

...

Marge

10 months ago

Hold on, is it a collateral attack? That would be a clever move, trying to undermine the whole contract. Though I guess a counterclaim is more straightforward.

upvoted 0 times

Emeline

9 months ago

Definitely, Company B would file a counterclaim against Company A.

upvoted 0 times

...

Laine

9 months ago

Yes, a counterclaim makes sense in this situation.

upvoted 0 times

...

Delmy

9 months ago

I think it would be a counterclaim.

upvoted 0 times

...

Alonzo

9 months ago

D) Counterclaim

upvoted 0 times

...

Teri

9 months ago

C) Reversal

upvoted 0 times

...

Alfred

10 months ago

B) Collateral attack

upvoted 0 times

...

Pamella

10 months ago

A) Cross-claim

upvoted 0 times

...

Sharita

10 months ago

Aha! A counterclaim, of course. Company B is fighting back against Company A's lawsuit. This is straight out of my law textbook.

upvoted 0 times

...

Kanisha

11 months ago

Hmm, I'm not sure. Could it be a cross-claim? I'll have to think this through a bit more.

upvoted 0 times

Loren

9 months ago

Yes, you're right. Company B's claim against Company A would be called a counterclaim.

upvoted 0 times

...

Milly

10 months ago

D) Counterclaim

upvoted 0 times

...

Carmela

10 months ago

I think it might be a counterclaim instead.

upvoted 0 times

...

Lucy

10 months ago

A) Cross-claim

upvoted 0 times

...

Georgene

11 months ago

I think the correct answer is D) Counterclaim. It makes sense that Company B's claim against Company A would be a counterclaim within the same proceeding.

upvoted 0 times

Ethan

10 months ago

Yes, Company B's claim against Company A would be a counterclaim.

upvoted 0 times

...

Marci

10 months ago

I agree, it would be a counterclaim.

upvoted 0 times

...

Colton

11 months ago

I'm not sure, but it makes sense that it would be a counterclaim since Company B is responding to Company A's allegations.

upvoted 0 times

...

Yun

11 months ago

I agree with Melissia, Company B's claim against Company A would be called a counterclaim because they are seeking damages in response to Company A's lawsuit.

upvoted 0 times

...

Melissia

11 months ago

I think the answer is D) Counterclaim.

upvoted 0 times

...