Which of the Following Is Sufficient to Establish That a Professional

question 58

Multiple Choice

Which of the following is sufficient to establish that a professional has acted with scienter for purposes of common law fraud?

• A)The professional's careless consideration for the accuracy of his/her work.
• B)The professional's reckless ignorance of facts.
• C)The professional's failure to exercise due diligence.
• D)The professional's negligent misstatement of fact.

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Definitions:

Adaptive

The ability or characteristic of adjusting to new conditions or environments.

Fulfilling Aspects

Refers to parts or elements of a situation, activity, or job that provide a sense of satisfaction, contentment, or happiness.

Psychoanalysis

A therapeutic approach and theory of psychology developed by Sigmund Freud, focusing on unconscious motivations and conflicts.

Unconscious Conflict

Psychological struggles within an individual that occur without their awareness, often stemming from conflicting desires or unresolved past experiences.