Asset confiscation Study guides, Class notes & Summaries

ACAMS Exam 65 Questions with Verified Answers 1) Gold is an extremely attractive vehicle for laundering because it is relatively compact and easy to transport 2) the gold market is a target for criminal activity because it is lucrative and holds its value regardless of the form it takes - CORRECT ANSWER Name two key findings by FATF in its report on "Money Laundering/Terrorist Financing Risks...Associated with Gold" (2015) Casinos Real estate agents Lawyers, accountants, and notarie...

Appraisal Institute Basic Appraisal Principles Appraisal (ch.1) - ANS the act or process of developing an opinion of value What types of assignments use appraisals? (ch.1) - ANS Transfer of ownership Financing and credit Litigation Tax matters Investment Decisions The valuation process (ch.1) - ANS a systematic procedure that an appraiser employs to provide the answer to a client's question about the value of real property Steps of the Valuation Proce...

Appraisal Institute Basic Appraisal Principles Appraisal (ch.1) - ANS the act or process of developing an opinion of value What types of assignments use appraisals? (ch.1) - ANS Transfer of ownership Financing and credit Litigation Tax matters Investment Decisions The valuation process (ch.1) - ANS a systematic procedure that an appraiser employs to provide the answer to a client's question about the value of real property Steps of the Valuation Process (ch.1)...

Absolute Advantage - Answer The economic advantage one nation enjoys that is absolutely superior to other nations. Accounting Profit - Answer Total revenue minus total explicit cost Acquisition - Answer a wholly owned subsidiary is created through direct foreign investment. Administrative Policy - Answer Bureaucratic rules that make it harder to import foreign goods. Agglomeration - Answer Clustering of economic activities in certain locations. Beyond geographic advantages, location-...

ACAMS 4 Exam 78 Questions with Verified Answer SAFE HARBOR What is a safe harbor for reporting suspicious activity? - CORRECT ANSWER Safe harbor is defined as legal protection for financial institutions, their directors, officers and employees from criminal and civil liability for breach of any restriction on disclosing information imposed by contract or by any legislative, regulatory or administrative prohibition if they report their suspicions in good faith to the Financial Investigation...

abatement of judgment - ANSWER-A document containing a condensation of the essential provisions of a court judgment. abatement of nuisance - ANSWER-The act of ending or terminating a nuisance; a type of legal action brought to end a nuisance. Ability/Capacity to Pay - ANSWER-The position of a borrower relative to repaying a loan, based on income and other assets. Absolute Fee-Simple Title - ANSWER-Title that is absolute and unqualified. It is the best title one can have. abstract of ...

1. What are items of personal property that are attached to real property and cannot be removed without substantial damage called? -Connectors, Relaters, Entanglements, Fixtures 2. Which of the following statements best describes an offer under UCC -An offer is not defined by UCC, An offer is an invitation to buy or sell between merchants, An offer is anything writing sufficient to describe the goods, An offer is contained in the standard business forms. 3. A product that was sold without...