If a party to a contract has an intent to deceive the other party, this is known as:

a. scienter.

b. revision.

c. rescission.

d. optimization.

Question

Jones

Social Studies

4 March, 21:45

If a party to a contract has an intent to deceive the other party, this is known as:

a. scienter.

b. revision.

c. rescission.

d. optimization.

+4

Answers (2)

Know the Answer?

Moshe Silva · Answer 1

If a party to a contract has an intent to deceive the other party, this is known as:

a. Scienter

Scienter is a term for intent of wrongdoing. For example, if a person sells a bicycle with bad brakes and she knows about the brake problem, then the seller has scienter. The word has the root scie from the Latin (knowingly).

Zaire Mcclure · Answer 2

A is the correct answer.

Scienter is when a party to a contract has the knowledge and intent to deceive the other party.

If a party to a contract has an intent to deceive the other party, this is known as:a. scienter.b. revision.c. rescission.d. optimization.

If a party to a contract has an intent to deceive the other party, this is known as:

a. scienter.

b. revision.

c. rescission.

d. optimization.