Practice Test Geeks(CCCP) Certified Corporate Compliance Professional Practice Test
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Regulatory Compliance & Legal Frameworks Flashcards

7 cards from real CCCP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

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  1. Under the Telephone Consumer Protection Act (TCPA), which type of call or text is prohibited without prior express written consent?

    Answer: Autodialed or prerecorded calls/texts to a consumer's cell phone for marketing purposes

    The TCPA requires prior express written consent before making autodialed or prerecorded marketing calls or texts to mobile phones, with violations subject to statutory damages of $500–$1,500 per call.

  2. The Federal Sentencing Guidelines for Organizations (FSGO) allow courts to reduce a company's culpability score for an effective compliance program. Which factor would INCREASE the culpability score under the FSGO?

    Answer: High-level personnel were involved in or condoned the offense

    Under the FSGO, the culpability score is multiplied upward when high-level personnel participated in, condoned, or were willfully ignorant of the offense, reflecting the organization's greater culpability.

  3. A company subject to the California Consumer Privacy Act (CCPA) receives a consumer request to delete their personal information. Which category of data is expressly exempt from the deletion requirement?

    Answer: Information necessary to complete a transaction the consumer originally requested

    The CCPA exempts businesses from honoring deletion requests when the information is necessary to complete the transaction for which it was collected or to fulfill a contract with the consumer.

  4. Which legal doctrine holds that a parent corporation may be held liable for the regulatory violations of its subsidiary when the parent exercises 'pervasive control' over the subsidiary's day-to-day operations?

    Answer: Piercing the corporate veil

    Piercing the corporate veil allows courts to hold a parent corporation liable for a subsidiary's obligations when the subsidiary is so dominated and controlled that it is effectively an alter ego of the parent.

  5. Under the Sherman Antitrust Act, a per se violation occurs without requiring proof of actual anticompetitive effects. Which conduct qualifies as a per se violation?

    Answer: Horizontal price-fixing agreements among direct competitors

    Horizontal price-fixing among competitors is a per se violation of the Sherman Act, meaning it is automatically illegal regardless of the prices set or the parties' intent.

  6. The Consumer Financial Protection Bureau (CFPB) has enforcement authority over which type of conduct under the Dodd-Frank Act?

    Answer: Unfair, deceptive, or abusive acts or practices (UDAAP) by financial service providers

    The CFPB is authorized to prevent unfair, deceptive, or abusive acts or practices (UDAAP) by covered persons offering consumer financial products and services.

  7. Under the Export Administration Regulations (EAR), what is the 'de minimis rule' used to determine?

    Answer: Whether a foreign-produced item containing US-origin content requires a US export license

    The EAR's de minimis rule determines whether foreign-produced items incorporating controlled US-origin content exceed certain percentage thresholds (10% or 25%) that would subject the foreign item to EAR jurisdiction.