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.

Question

Quizplus · Accepted Answer

Scienter refers to the knowledge that one's actions or representations are false or misleading, particularly in the context of fraud, where it implies an intent to deceive.

Scienter Is a Legal Term Which Means