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Contracts of Utmost Good Faith

Question 23

Multiple Choice

Contracts of utmost good faith


A) arise when one party is uniquely situated to know the material facts, as in the case of an insurance contract.
B) are the only contracts that do not require any kind of disclosure.
C) do not require notification of any changes to previously supplied information.
D) have no bearing on the law of misrepresentation.
E) allow parties to lie to each other prior to entering into a contract without any legal consequence attaching to those lies.

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