Examlex
What are terms of trade?
Scienter
The knowledge of wrongdoing or fraudulent intent in the commission of a fraudulent act.
Negligent Performance
The failure to act with the level of care that someone of ordinary prudence would have exercised under the same circumstances, resulting in harm or damage.
Actual Knowledge
Awareness of a fact or circumstance based on firsthand experience or explicit information; not based on hearsay.
Illegal Payment
A transaction involving money or value that is made in violation of the law or regulatory rules.
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