Asked by
mackenleigh theriot
on Nov 21, 2024
Verified
Which of the following theories involve scienter?
A) Innocent misrepresentation, mutual mistake.
B) Innocent misrepresentation, fraudulent misrepresentation.
C) Mutual mistake only.
D) Fraudulent misrepresentation, intentional misrepresentation.
E) Fraudulent misrepresentation only.
Scienter
Knowledge of wrongdoing or fraudulent intent, often required to be proven in cases of securities fraud.
- Grasp the concept of scienter and its relevance in cases of fraud.
Verified Answer
GT
Learning Objectives
- Grasp the concept of scienter and its relevance in cases of fraud.