scienter
Definition
Actual or presumed degree of knowledge that makes a person legally responsible for his or her actions or failure to act. For example, owner of a vicious dog is deemed to know of its disposition and to properly secure it from causing damage or injury to others. Latin for, knowledge.
Popular 'Corporate, Commercial, & General Law' Terms
scienter in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/scienter.html
