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NEW QUESTION 39
Which key test for money laundering is defined under the Proceeds of Crime Act 2002?
- A. Criminal intelligence.
- B. Criminal lifestyle.
- C. Criminal record.
- D. Criminal possession.
NEW QUESTION 40
Harry owns a sports car valued at £1.000 and agrees to sell it to Ben for £500. Ben discusses this with his solicitor who states the contract is
- A. unenforceable unless Harry signs a disclaimer acknowledging the consideration as acceptable.
- B. enforceable as consideration does not need to be adequate.
- C. unenforceable as the consideration is inadequate.
- D. enforceable but only if Harry does not refute the contract within six months of the contract date.
NEW QUESTION 41
John and his wife arrange a household contents insurance policy in joint names with insurer A for a sum insured of £10,000. His wife arranges a second policy on the same basis with insurer B for a sum insured of
£20,000. Both policies have identical terms and conditions. What is insurer A’s liability if a valid claim of
£3,000 is subsequently made?
- A. £1,000
- B. £3,000
- C. £2,000
- D. £1,500
NEW QUESTION 42
The accident record for a printworks show that for every one major injury, there have been 30 minor incidents and 900 non-injury events reported. How would major work injuries be classified in relation to frequency and severity?
- A. Low frequency, low severity.
- B. High frequency, high severity.
- C. Low frequency, high severity.
- D. High frequency, low severity.
NEW QUESTION 43
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