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.

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

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).

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