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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.

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Answers (2)
  1. 4 March, 21:51
    0
    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).
  2. 4 March, 22:09
    0
    A is the correct answer.

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