Scienter is a legal term which means:

A) that a buyer has justifiably relied upon the seller's representation.
B) that the seller had knowledge that his statements were false and the statements were made with the intention to deceive.
C) sales puffery.
D) statements of scientifically proven knowledge.

Scienter

Knowledge or awareness of the wrongdoing or fraudulent nature of one’s actions, especially in relation to securities fraud.

Knowledge Of Falsity

Awareness that a particular statement or representation is false, which can be relevant in cases of fraud or deceit.

Intention To Deceive

refers to the deliberate act of misleading or concealing the truth in order to gain an unfair advantage over someone else.