In this paper we present a study of $CP$ asymmetry, single lepton polarization asymmetry and polarized $CP$ asymmetry in $B\ensuremath{\rightarrow}{K}^{*}{\ensuremath{\ell}}^{+}{\ensuremath{\ell}}^{\ensuremath{-}}$ decay within the four-generation standard model. Taking $|{V}_{{t}^{\ensuremath{'}}s}^{*}{V}_{{t}^{\ensuremath{'}}b}|=0.01$, 0.02, 0.03 with phase ${60\ifmmode^\circ\else\textdegree\fi{}\char21{}120\ifmmode^\circ\else\textdegree\fi{}}$, which is consistent with the $b\ensuremath{\rightarrow}s{\ensuremath{\ell}}^{+}{\ensuremath{\ell}}^{\ensuremath{-}}$ rate and the Bs mixing parameter $\ensuremath{\Delta}{m}_{\mathrm{Bs}}$, we find that $CP$ asymmetry, single lepton polarization asymmetry and polarized $CP$ asymmetry are sensitive to the existence of the fourth generation. This can serve as an indirect method to search for new physics effects, in particular, to search for the fourth-generation $\mathrm{\text{quarks}}({t}^{\ensuremath{'}},{b}^{\ensuremath{'}})$ via their indirect manifestations in loop diagrams.
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