Generally, a party is under a duty to disclose material facts to the other contracting party, and failure to do so is a violation of his or her duty of utmost good faith.

Question

Quizplus · Accepted Answer

In general contract law, there is no broad duty to disclose material facts to the other party unless there is a fiduciary relationship, a specific duty is outlined in the contract, or the nondisclosure constitutes fraud or misrepresentation.

Generally, a Party Is Under a Duty to Disclose Material