Scienter Is a Legal Term Which Means

question 44

Multiple Choice

Scienter is a legal term which means:

• A) that a buyer has justifiably relied upon the seller's representation.
• B) that the seller had knowledge that his statements were false and the statements were made with the intention to deceive.
• C) sales puffery.
• D) All of these.

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Definitions:

Ethics

The study of what is right and wrong, encompassing moral principles that govern a person's behavior or the conducting of an activity.

Extra Mile

Going beyond what is required or expected in order to achieve excellence or demonstrate commitment.

Free Services

Services offered without charge to the recipient, often as part of a promotional, charitable, or business model.

Internal Customer

Employees or departments within an organization that rely on the support or services of another part of the organization to do their job effectively.