The duty of utmost good faith requires parties in a special relationship to make full disclosure before entering into a contract.

Question

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The duty of utmost good faith requires parties to a special relationship, such as an insurance contract or a partnership, to make complete and truthful disclosures to each other before entering into a contract. This duty exists to ensure that the parties have all relevant information necessary to make an informed decision about the contract.

The Duty of Utmost Good Faith Requires Parties in a Special