Directions. Please read carefully each of the following questions and select the best answer from the choices given (2.5 points each). 1. XYZ Industries, Inc., is incorporated in the British Virgin Islands and is indebted to a US-based company. You are a financial investigator for a US-based firm and are aware of many properties owned by XYZ Industries both domestically and internationally. You have been hired to uncover the beneficial owner to identify available assets for repayment of outstanding debts and restitution of victims. Which document would best assist the investigator to identify the beneficial owner1 a. power of attorney or designation of corporate agent b. a mail forwarding notice related to the property filed with the local postal service c. articles of incorporation and board minutes for XYZ Industries, Inc. filed in the BVI d. a mutual legal assistance treaty request filed with the BVI seeking all beneficial ownership records e. none of the above 2. Your client invested in an international real estate investment company in the Cayman Islands. Recently, the client learned that her contact at the company was arrested in the USA on money laundering charges. She wants you to find out more information about the owners of the investment company. You have learned that the company she invested in was a shell corporation. You seek to identify the beneficial owners of the shell corporation. Which of the following describes a way to identify beneficial ownership? a. determine if there are loans by the company to individuals for no equity b. determine if a Certificate of Good Standing was filed with the Cayman Company Registry official c. determine if the nominee directors hold positions with other companies in the Cayman Islands d. determine who the authorized signatories are for the company's bank accounts e. none of the above 3. Global Widget Co. recently acquired a local company in Pakistan, a country with a high level of state involvement in the economy and history of corruption. Before purchasing the company, Global Widget hired a major international law firm to conduct a due diligence review and uncover any potential violations of global anti-corruption laws. When the review came back free of problems or issues, Global Widget completed its acquisition. Three years later, Global Widget executives were conducting their first anti-corruption compliance training with employees from the Pakistan office. During the training session, Global Widget was alerted by Pakistan-based employees that the distributors the company hires may be bribing local government officials. Global Widget had not conducted a review of the distributors in Pakistan. When it looked into the allegations, it found widespread potential Foreign Corrupt Practices Act and UK Bribery Act violations. What are two weaknesses in Global Widget anti-corruption compliance program? a. Global Widget did not include its distributors in Pakistan when it co.