Scienter Is a Legal Term Which Means

question 10

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:

Weekly Drawings

A regular event, usually organized to select winners by a random draw, commonly used in lotteries or contests.

Belief Perseverance

The tendency to maintain a belief even after the evidence supporting it has been discredited or contradicted.

Confirmation Bias

Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

Category Hierarchies

A system of organizing entities or concepts into groups and subgroups based on common characteristics or relationships, allowing for structured classification.