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 of wrongdoing or intent to deceive, specifically that the seller knew their statements were false and intended to mislead the buyer.

Scienter Is a Legal Term Which Means