In law,"utmost good faith" means a level of trust in
A)not using undue influence.
B)not making false assertions.
C)disclosing all pertinent information concerning the contract.
D)only giving factual statements.
E)being aboveboard with all affairs.

Question

Quizplus · Accepted Answer

The concept of utmost good faith refers to a legal obligation to disclose all pertinent information concerning a contract, particularly when an insurance policy is involved. It requires parties to be honest and transparent in their dealings with each other. Therefore, choice C is the best option. While the other choices might also be ethical requirements in certain situations, they do not specifically relate to the concept of utmost good faith.

In Law,"utmost Good Faith" Means a Level of Trust in