Which of the following can meet the scienter requirement to establish fraud in the inducement?
A)Actual knowledge.
B)Lack of belief in the statement's truthfulness.
C)Reckless indifference as to a statement's truthfulness.
D)All of the above meet the requirement.

Question

Quizplus · Accepted Answer

All of the above options can meet the scienter requirement to establish fraud in the inducement. To establish fraud, the plaintiff needs to show that the defendant made a false statement of fact knowingly or with reckless disregard for the truth, and that the plaintiff relied on the statement to their detriment. Actual knowledge, lack of belief in the statement's truthfulness, and reckless indifference as to a statement's truthfulness can all satisfy the scienter requirement for fraud.

Which of the Following Can Meet the Scienter Requirement to Establish