In Relation to Fraud, Scienter Is a Legal Term Which

question 16

Multiple Choice

In relation to fraud, 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 are false and had the intention to deceive.
• C)sales puffery.
• D)All of the above.

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Definitions:

Adult Grammar

The set of structural rules governing the composition of sentences, phrases, and words in any given language as used by adults.

Simple Words

Words that are easy to understand and use, often basic vocabulary that does not require specialized knowledge.

Universal Grammar

A theory in linguistics suggesting that the ability to acquire language is innate to humans and that all languages share a common structure.

Critical Period

A specific time in development when certain skills or abilities are most easily learned.