Ordinarily, a Party to a Contract Has No Duty to Volunteer

question 15

True/False

Ordinarily, a party to a contract has no duty to volunteer information to the other party.

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Definitions:

Credit Card Charged

A financial transaction where a credit card holder authorizes the transfer of funds from their account to a merchant for payment of goods or services.

Tangible Property

Physical assets that can be seen, touched, and valued, such as real estate, equipment, and goods.

iPhone

A line of smartphones designed and marketed by Apple Inc., featuring a multi-touch interface, cellular connectivity, and a variety of applications.

Reasonable Care

The degree of care that a reasonably prudent person would have used under the same circumstances and conditions.