Asked by Diante Pierce on Jun 18, 2024
Verified
________ means knowledge on the part of the person making the representations,at the time when they are made,that they are false.
A) Deceit
B) Scienter
C) Fraud
D) Concealment
Scienter
In legal contexts, scienter is the knowledge or intent to deceive, defraud, or violate statutes or regulations.
Representations
Statements or assertions made by one party to another, often regarding the condition or status of something, which can impact agreements or contracts.
- Comprehend the role of scienter in legal determinations related to fraud.
Verified Answer
EV
Elliott VenturaJun 21, 2024
Final Answer :
B
Explanation :
Scienter means knowledge on the part of the person making the representations,at the time when they are made,that they are false.
Learning Objectives
- Comprehend the role of scienter in legal determinations related to fraud.