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Which of the following is correct in relation to financial assistance for the purchase of its own shares provided by a private company?
A. Financial assistance is a criminal offence on the part of the company
B. In general the existing prohibition has been removed for private companies
C. The directors may be fined if they allow the company to provide financial assistance
D. Financial assistance cannot be used where a majority shareholder is retiring
Answer: B
Which of the following represents a connector that supports the connection of external devices? (Select TWO).
A. SATA
B. IEEE1394
C. eSATA
D. IDE
E. EIDE
Answer: B,C
Explanation:
Both Firewire (IEEE 1394) and eSATA connectors can be used to connect external devices.
Which three criteria does a shell bank meet according to the Wolfsberg Principles on Correspondent Banking?
Choose 3 answers.
A. It does not conduct business at a fixed address in a jurisdiction in which it is authorized to conduct business.
B. It does not employ one or more individuals at its fixed address where it is authorized to conduct business or maintain operating records at that address
C. It is not subject to AML laws that require it to implement an AML program
D. It is not subject to inspection by the banking authority that licensed it to conduct banking activities
Answer: A,B,C
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