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WPB Legal Team Quiz Flashcards | StudBud
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WPB Legal Team Quiz
WPB Legal Team Quiz
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Answers
1
Legal Operating Principles - We do not want to be STAPPE. What does STAPPE mean?
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2
Local legal team is responsible for the registration protection for all HSBC’s intellectual property rights.
False
True
3
The Summer Olympics was held in Paris in 1900, 1924 and 2024.
True
False
4
Dispute Mismanagement Risk-“Dispute” excludes routine customer complaints, debt recovery, court orders of info requests.
False
True
5
Non-Customer Contractual Risk excludes informed decisions by business to accept certain contractual terms.
False
True
6
The minimum review period for HSBC Template Docs (absent a trigger event) is 4 years from last review of such document.
True
False
7
Legal only provides advice in relation to legal risks in the Legal Risk policy.
False
True
8
The 4Cs under the Legal Operating Principles are Collaboration, Communication, Coverage and Consistency.
True
False
9
Competition Law - Anti-competitive conduct only includes anti-competitive agreements.
False
True
10
The primary risk associated with the appointment of external lawyers is Legal Risk.
True
False
11
There are 6 types of risks under the HSBC Legal Risk taxonomy.
False
True
